According to @bubblemaps, $NYC surged to roughly $600 million market cap before the team pulled $2.5 million USDC from liquidity pools, triggering a 70 percent price crash. Source: @bubblemaps on X, Jan 13, 2026. According to @bubblemaps, the team also extracted over $1 million by cycling USDC in and out of the $NYC liquidity pools, indicating suspicious LP activity that can severely impair execution and slippage for DEX traders. Source: @bubblemaps on X, Jan 13, 2026. According to @bubblemaps, traders should note that rapid market cap expansion followed by LP withdrawals and a steep drawdown signals acute liquidity and counterparty risk, with heightened volatility risk until LP depth is restored. Source: @bubblemaps on X, Jan 13, 2026. According to @bubblemaps, risk controls for $NYC should prioritize monitoring on-chain LP balances, token ownership privileges, and further USDC movements, and consider smaller position sizing and strict slippage limits on DEX orders. Source: @bubblemaps on X, Jan 13, 2026.

According to Michaël van de Poppe, current altcoin conditions have seen a fair-launch project run to roughly $600M market cap with a 50x move, with $REKT cited as the example. Source: https://twitter.com/CryptoMichNL/status/1974165050446221516 A 50x move to a $600M cap implies an initial valuation near $12M based on his figures, a concrete benchmark traders can reference when evaluating fair-launch multiples and market-cap milestones. Source: https://twitter.com/CryptoMichNL/status/1974165050446221516 He shared a video for further details on the fair-launch approach: https://www.youtube.com/watch?v=5dDVprpxn24. Source: https://twitter.com/CryptoMichNL/status/1974165050446221516