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🚨 $NYC TOKEN IMPLODES HOURS AFTER LAUNCH
Former NYC Mayor Eric Adams launched a token claiming it would fund efforts against “antisemitism and anti-Americanism.”
What happened next: • -81% from peak
• ~$3.4M liquidity allegedly pulled
• Heavy centralization flagged by on-chain analysts
• ~70% of supply sitting in a “reserve”
• Wallet behavior resembled past rug-style launches
Politics + memecoins = high risk.
On-chain doesn’t care about titles — only transparency. 👀