NYC Token Plummets Amidst Allegations of Liquidity Extraction
The NYC token, associated with Eric Adams, is experiencing a significant downturn as its market capitalization decreases. According to on-chain data, there have been unexplained liquidity withdrawals from the token. The development raises concerns about the stability and management of the NYC token, impacting investor confidence. The token's performance and the allegations surrounding liquidity extraction highlight potential risks within the cryptocurrency market.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.