2026-01-13 05:25:46

A former New York City mayor recently made a bold move—launching a token project called NYC Token. The project was initiated by him and two other collaborators, with a rather unique idea: using the profits generated from the token to fund some non-profit organizations, primarily aimed at combating anti-Semitism and anti-American sentiments.

Interestingly, this token has shown a bit of a "roller coaster" performance after launch—initially surging quite strongly, then quickly pulling back. This kind of peak at opening followed by adjustment is quite common in token projects, often reflecting rapid market reactions and the price discovery process.

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DefiEngineerJack

· 9h ago

nah actually™ the tokenomics here are fundamentally broken from day one. pump & dump dressed up in charity clothing, nothing new under the sun tbh

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LiquidationKing

· 01-14 15:05

Opening at the peak, is this routine too familiar, another wealth creation myth? --- Former mayor involved in crypto, this pattern... still has room for imagination --- Putting up the tag anti-Semitic and anti-American, will fundraising go more smoothly? --- The rollercoaster market is normal operation, the key is who sold at the top --- No matter how good the story of charity coins is, in the end, it still depends on whether the secondary market buyers are willing to buy --- This wave of ups and downs, retail investors will have to pay tuition again, right? --- Celebrity effect + charity concept, no wonder it attracts so much attention, just worried about subsequent weakness --- NYC Token? Might as well just buy BTC insurance directly --- Token profits fund non-profits, sounds fine, but how the funds are actually allocated is the real issue

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Degentleman

· 01-13 05:55

Wow, another "I want to save the world" coin, but it's still the same old story... hitting the peak at launch, hilarious human, can this thing truly fund any non-profit organizations, or has it just become another feast for the chives The New York City mayor is playing with coins again, really daring, but I just don't know if it's reliable or not There are so many charity coins, why haven't any of them really made a difference? Are they all just gimmicks? This kind of run-and-run scheme has become commonplace, what's next? The crypto world’s drama never ends, just changing the surface but not the substance Charity coins... just hearing about them, you know something's going to go wrong, the market will shake you awake with the price

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OnchainDetective

· 01-13 05:55

According to on-chain data, the trading pattern of this NYC Token is quite interesting... peaking at the open and then quickly falling back, a typical fund correlation characteristic. Need to carefully examine the wallet behaviors of those three addresses. --- Another token under the guise of charity? I’ve suspected this for a long time; this routine has been seen many times in the crypto circle... --- Interesting, can tracking on-chain reveal anything? It feels like the fund flow warrants in-depth analysis. --- Peaking at the open is obvious; there must be a story behind it. Who is dumping large amounts? --- Under the guise of a non-profit organization... After analysis and judgment, the real purpose of such projects depends on where the money ultimately flows. --- Three collaborators? Have they already locked onto target addresses? Want to see their wallet history. --- A rollercoaster market? Suspicious trading patterns—this is classic wash trading, isn’t it...

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ProxyCollector

· 01-13 05:55

The former mayor involved in crypto? I know this routine well—buying first, then dropping, a classic peak right at the opening.

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RunWhenCut

· 01-13 05:53

This is the old trick of "peaking at the opening"... It still depends on whether there are real application scenarios afterward.

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TeaTimeTrader

· 01-13 05:51

Opening at the peak, I know this routine well, another "I come to save the world" token story. Another politician playing with cryptocurrencies, this time under the banner of charity, just a old trick with a new package. NYC token sounds like a strong smell of pulling the wool over people's eyes... Oh no, is this time to "fight anti-Semitism"? That's interesting. The rollercoaster market is quite normal, early investors making a killing, later ones taking over... you guys can experience it yourselves. The former NYC mayor involved in the crypto world, either genuinely wanting to do charity or just thinking about how to legally make a quick buck. Anyway, I can't quite understand this move. Just launched and immediately peaked then plummeted, in the crypto world, this is as common as eating and drinking, nothing special. The key is whether it can stabilize afterward. Is this mayor serious or just riding the trend? Now everyone wants a piece of the crypto pie.

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NFTHoarder

· 01-13 05:50

It's the same old trick again—former officials riding the hype to issue tokens, initial FOMO driving prices up, then a sharp crash. A classic scam to fleece investors.

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