NYC Token opening surge and pullback revealed: the team initiates liquidity rebalancing and adds funds to stabilize the market

2026-01-13 06:10:11

【Block Rhythm】The first day of NYC Token’s launch saw volatile market fluctuations, with a rapid pullback after an initial surge, sparking heated discussions within the community. In response, the project team posted a detailed explanation on the X platform.

It turns out that during the initial launch, market demand far exceeded expectations, prompting partners to rebalance the liquidity pools. However, the team soon noticed community discussions about “liquidity removal” and immediately initiated a TWAP financing plan, while also adding funds to the liquidity pools to stabilize the situation. The project team also emphasized that they will continue to deeply invest in project development and will not change their long-term commitments due to the volatility on the first day.

The background of NYC Token is also quite interesting. It is a crypto project launched by former New York City Mayor Eric Adams after his term ended. The official claim is that the token will be used to fund efforts to prevent anti-Semitism and anti-American sentiments, as well as to promote blockchain education related to children. Adams publicly introduced this project in Times Square, stating that ordinary New Yorkers could participate in the investment. However, at that time, key details such as the identity of partners, the specific launch date, and the use of funds were not disclosed, which later led to some discussions.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

potentially_notable

· 01-13 06:40

It's the same old line of "adding funds to stabilize the market," hearing it so much my ears are getting calloused. --- No... the former mayor was involved in crypto? That background sounds a bit outrageous. --- Huge surge and plunge on the first day, then the team says it's "demand exceeding expectations," and I just lol. --- Is it really that simple to fix all problems just by adjusting the liquidity pool? They make it sound so easy. --- Whether this project is reliable or not, just from the pattern of soaring and falling, the signs are clear. --- Long-term commitments are long-term commitments, but who’s responsible for dumping now? --- Eric Adams' coin... I need to think about whether I dare to touch it. --- TWAP financing, adding funds—feels like they're just bailing out the crash.

View OriginalReply0

MEV_Whisperer

· 01-13 06:33

Liquidity rebalancing? Sounds like shifting blame, haha --- Adding funds again to stabilize the market, I’m too familiar with this routine --- I just laugh at Eric Adams getting into crypto, really daring --- A sharp drop on the first day followed by claims of exceeding demand, that logic is mystical --- Wait, anti-Semitism prevention and control? This project’s positioning is a bit off... --- Is TWAP financing plan a new term, or just routine operation --- Long-term commitment rhetoric that every project uses, really think we haven’t done our homework --- Partner rebalancing adjustments, feels like some big players are again harvesting profits --- I just want to know where this additional funding is coming from this time

View OriginalReply0

LoneValidator

· 01-13 06:28

Just the same old spiel, liquidity rebalancing... sounds good but I’ll pass Eric Adams into crypto? New Yorkers are lucky haha Rally and pullback are normal, but how long can the added funds hold? Long-term commitment? First, fill the initial pitfalls before talking Market demand exceeds expectations... why is there still a dump? The project background is outrageous, let’s wait and see what happens next Rebalancing adjustments, just fancy words for nothing

View OriginalReply0

ShibaOnTheRun

· 01-13 06:16

Liquidity rebalancing? Sounds like passing the buck... Are there really that many genuine needs, or is it just pure hype? --- Adding funds to stabilize the situation, I've seen this trick many times. Will it be the same excuse next time? --- Eric Adams' coin? Not sure whether to believe it or not, feels a bit shady. --- Such a wild first day, I think it will get even more exciting later. I'll just watch quietly. --- The team said they won't change their long-term commitment, so what does the sharp drop on the first day mean? --- Discussing liquidity removal and then quickly starting financing, seems a bit rushed. --- The coin promoted by the New York City Mayor, the endorsement is a bit strange... --- The former mayor is back to do crypto education? Next step, maybe entering politics? --- Promised to prevent anti-Semitic sentiments, but then they want to educate children? I'm a bit confused. --- The TWAP financing move looks like it's just to take over the position.

View OriginalReply0

SelfMadeRuggee

· 01-13 06:11

Huh? It's the same old story about liquidity adjustments, every project is saying that. Adding funds to stabilize the situation? It sounds more like patching holes to me. Eric Adams' coin, wasn't this guy under investigation a couple of years ago... That's a bit outrageous. The sharp drop on the first day, how much is the long-term promise worth? I've seen this kind of trick too many times, I'll wait and see.

View OriginalReply0