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Eric Adams’ NYC Token Crashes After $700M Surge, Raising Rug Pull Fears
The fast-growing crossover between politics and crypto speculation has taken another turn after former New York City Mayor Eric Adams announced the launch of a new meme coin, dubbed the NYC Token. Following in the footsteps of politically themed tokens like TRUMP and MELANIA, the project immediately drew attention from both traders and media, placing Adams firmly in the emerging political meme coin space.