2026-01-13 01:26:53

I recently came across an interesting story. Former New York City Mayor Eric Adams launched a cryptocurrency project called "NYC Token" after leaving office, promoting it publicly in Times Square. It is said that this project aims to raise funds to combat anti-Semitism and anti-American sentiments, as well as to promote blockchain education for children. It sounds like a grand goal, but the problem is—he hasn't disclosed key details such as who the partners are, when the token will be issued, or how the funds will be used.

During his tenure, this guy was indeed very supportive of the crypto industry, but he also faced criticism for some moral and conflicts of interest issues. The newly elected mayor, Zohran Mamdani, was very clear, stating he would not get involved with this token.

Interestingly, the NYC Token appears to have already gone live on the Solana network. Based on Eric Adams's social media posts, this coin experienced a rollercoaster ride shortly after launch—its market cap once surged to $200 million, then rapidly fell back, now stabilizing around $93.98 million. The entire process took less than an hour.

To be clear, the authenticity of this token still needs to be verified. Celebrity coins and similar projects are inherently volatile and risky, with many uncertainties. If you’re considering participating, please be cautious and avoid blindly following the trend.

SOL1.35%

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GasFeeVictim

· 7h ago

This is the real pump and dump, from 200 million to 90 million in one hour, a classic script of cutting leeks. The former mayor is involved in crypto? How desperate for money haha. Celebrity coins are all like this, quick in and out, retail investors getting trapped. When the partner issues it, they don't say when, pure scam vibes. The new mayor directly fired him, I love to see this kind of contrast. Don't touch it, really, these coins are doomed. I don't trust any of the coins promoted at Times Square. They get halved right after issuance, and people still dare to buy? Are they out of their minds? Projects with unclear rules, they'll be doomed with a bump. How does this guy still have the nerve to do this? Isn't his past black history enough? Coins in the Solana ecosystem have learned bad habits over the years.

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ApeWithNoFear

· 7h ago

A typical celebrity coin rug pull routine, dropping from 200 million to 90 million in an hour, hilarious --- Eric is really outrageous, going live without saying a word? The transparency is just too fake --- Child education + anti-Semitism, this story is really well told, but what about the money? --- Solana has another issue, why do people keep doing these things on it --- Not to mention the partners or the purpose, are we supposed to blindly throw money at this haha --- The new mayor is smart, directly announcing no involvement, better than some others --- A rollercoaster market in less than an hour? I just want to know who made money, probably not himself, right? --- This coin is doomed to be a bubble, don’t touch it --- Calling it NYC Token just to ride the city’s hype, such a low-level tactic --- Who are the partners, when will it be issued, how will the money be used — none of these three words are there, clearly suspicious

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GamefiGreenie

· 7h ago

Haha, it's the same old trick of celebrity coins scamming retail investors. This time, it's the mayor. From 200 million to 93.98 million, those who experienced this roller coaster must be feeling terrible... Under the banner of education and anti-violence, but they even hide basic information—it's a textbook case. The new mayor directly refused, which clearly shows what's on his mind is as clear as a mirror.

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StablecoinAnxiety

· 8h ago

I've seen this cryptocurrency scam before, still the same old tricks. Selling a story and daring to harvest the leeks, Eric's move this time is really top-notch. Dropped from 200 million to 90 million in an hour? This is textbook risk, brothers. Starting to raise funds without revealing details? That's a bit outrageous. The former mayor has now switched to making mouse trades in the crypto circle. The new mayor distancing himself is smart; everyone who understands knows. Another "changing the world" banner, but in the end, it only changes wallets. I don't touch this kind of coin; I can't afford to get cut. Eric's move really opened my eyes; even politicians are getting into the game? It's just ridiculous—anti-Semitic, anti-American, basically just wanting to make a quick buck. How can everything be tokenized? It's hilarious. I can even guess the process of a new coin crashing 3 minutes after launch.

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