Former 'bitcoin mayor' Eric Adams denies profiting from NYC Token after 80% crash

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Why This Matters

New York City Mayor Eric Adams denied profiting from the NYC Token, which crashed by 80% after its launch, amidst disputes over liquidity shifts.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

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The Solana-based token plunged more than 80% shortly after launch, with on-chain watchers flagging liquidity shifts that its backers and Adams’ team dispute.

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Original article published by Unknown on January 15, 2026.
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