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Was NYC Token a Rug Pull? Nansen Analysts Identify 4 Red Flags
Former New York City Mayor Eric Adams’ NYC meme coin has drawn heavy criticism from the crypto community after plunging more than 80%, pushing its market capitalization below $100 million. While both Adams and the project’s team deny any wrongdoing, unusual liquidity movements raised red flags, prompting some analysts to characterize the token as a...
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