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Eric Adams’ NYC Token Faces Scrutiny After Early Liquidity Withdrawals and Centralization Concerns

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NYC Token is symbolized by a glowing crypto-shaped abyss as a suited political figure hesitates at the edge, with orange cracks spreading beneath a dark New York skyline.

Former New York City Mayor Eric Adams unveiled a new memecoin project on Monday, drawing swift attention from both local media and crypto analysts. The token, called NYC Token, was introduced during a press conference in Times Square shortly after Adams officially left office on Jan. 1. Within hours, on-chain data began raising concerns about the project’s liquidity structure and risk profile.

L’article Eric Adams’ NYC Token Faces Scrutiny After Early Liquidity Withdrawals and Centralization Concerns est apparu en premier sur Cointribune.

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