NYC Token: We are aware of the "Liquidity Removal" reports and have added funds to the liquidity pool
BlockBeats News, January 13th. In response to the rapid surge and pullback of the NYC Token after its listing, which attracted community attention, the project issued a statement on Platform X clarifying that due to the token's initial online surge in market support and demand beyond expectations, NYC Token partners performed a liquidity pool rebalancing operation. The team has now taken note of community reports regarding partial "liquidity removal," initiated a TWAP fund-raising process, added funds to the liquidity pool, and emphasized that their team will be committed to the long-term development of the project.
Previously reported, former New York City Mayor Eric Adams announced the launch of a cryptocurrency called "NYC Token" after leaving office, stating that the project aims to raise funds to combat anti-Semitism, anti-American sentiment, and promote children's blockchain education. Adams introduced the token to the public at Times Square without disclosing partners, issuance time, fund usage, or specific mechanisms, only stating that ordinary New Yorkers can participate in the investment.
You may also like
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
WEEX Launches Depth Chart for Spot Trading
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
In the era of AI, what is left of Bitcoin?
NeoSoul announced plans to integrate with the OKX Agentic Wallet, promoting AI agents' participation in the on-chain economy
Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
In such a crowded cross-border payment arena, where is the next stop for the future?
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
