According to Bubblemaps on X on Jan 14, 2026, the $NYC token shows suspicious liquidity pool activity with the team extracting over $1M by cycling USDC in and out of the LPs, as detailed in their thread on X (source: Bubblemaps on X, Jan 14, 2026). Bubblemaps also states that NYC was launched by Eric Adams, former mayor of New York, in the same report (source: Bubblemaps on X, Jan 14, 2026). Bubblemaps’ findings indicate traders should approach NYC pairs cautiously given potential liquidity and execution risks associated with the reported LP cycling and monitor on-chain flows referenced in the thread for confirmation of continued activity (source: Bubblemaps on X, Jan 14, 2026).

According to the source, a Bronx-born entrepreneur is drafting a cease-and-desist letter against NYC Token's creators, alleging Eric Adams stole the concept, source: the provided tweet dated January 14, 2026. The source provides no evidence of a filed letter, no timeline, and no listing or price details for NYC Token, so immediate trading impact cannot be determined from the source alone, source: the same tweet dated January 14, 2026.

According to @PeckShieldAlert, former NYC Mayor Eric Adams’ newly launched memecoin $NYC had its liquidity abruptly removed roughly 30 minutes after launch following promotion on his personal social media (source: @PeckShieldAlert on X, Jan 13, 2026). PeckShieldAlert characterized the incident as a rug pull, indicating heightened immediate risk to $NYC traders and liquidity providers (source: @PeckShieldAlert on X, Jan 13, 2026).

According to @lookonchain, Eric Adams, the former New York City mayor, launched a memecoin $NYC and then removed liquidity at the price peak, withdrawing 3.18M USDC from the liquidity pool (source: https://twitter.com/lookonchain/status/2010991481230934203; source: https://solscan.io/account/9Ty4M4t9MZArhJBKFWbYrzeqdMf2Ua5eHWSRW3LXKyGt). The liquidity removal triggered panic selling among traders, with address Dr6s2o realizing a $473.5K loss (-63.5%) in under 20 minutes (source: https://twitter.com/lookonchain/status/2010991481230934203; source: https://solscan.io/account/Dr6s2ovWKfg32oFjLUdbw3Q33ZMhUEnMUMKMxyty2iFA). The transactions occurred on Solana, as evidenced by the activity recorded on Solscan for the cited addresses (source: https://solscan.io/account/9Ty4M4t9MZArhJBKFWbYrzeqdMf2Ua5eHWSRW3LXKyGt; source: https://solscan.io/account/Dr6s2ovWKfg32oFjLUdbw3Q33ZMhUEnMUMKMxyty2iFA). For traders, the immediate takeaway is elevated liquidity risk in new memecoins when LP funds can be withdrawn rapidly, as demonstrated by the 3.18M USDC removal and the swift drawdown reported (source: https://twitter.com/lookonchain/status/2010991481230934203; source: https://solscan.io/account/9Ty4M4t9MZArhJBKFWbYrzeqdMf2Ua5eHWSRW3LXKyGt).

According to the source, the NYC token linked to Eric Adams experienced a sharp price crash amid allegations of liquidity extraction, signaling acute liquidity stress and elevated execution risk for traders (source: X post published Jan 13, 2026). In such events, thinning DEX liquidity typically leads to wider spreads, higher slippage, and greater likelihood of failed or partial fills, making smaller position sizing, limit orders, and monitoring pool depth prudent before entries (source: X post context on alleged liquidity extraction published Jan 13, 2026).

According to @bubblemaps, $NYC shows suspicious liquidity pool activity, with the team extracting over $1M by cycling USDC in and out of the pools. Source: Bubblemaps on X, Jan 13, 2026 https://twitter.com/bubblemaps/status/2010890093431832789 @bubblemaps notes the token was launched by Eric Adams, who publicly announced "Proud to launch @buynyctoken" and linked to BuyNYCtoken.com. Source: Eric Adams on X, Jan 13, 2026 https://x.com/ericadamsfornyc/status/2010849167258566727 @bubblemaps characterizes these transactions as suspicious LP activity and an extraction of funds, alerting traders to monitor liquidity before engaging with $NYC. Source: Bubblemaps on X, Jan 13, 2026 https://twitter.com/bubblemaps/status/2010890093431832789

According to @bubblemaps, Eric Adams, former mayor of New York, announced the New York City token $NYC a few hours ago, after which $NYC’s market cap surged to about $600 million before dropping below $100 million within hours. Source: Bubblemaps on X, Jan 13, 2026 https://twitter.com/bubblemaps/status/2010890109416292660 Based on those figures, $NYC experienced an intraday market-cap drawdown of roughly 83 percent or more, signaling extreme volatility and elevated slippage risk for short-term traders. Source: Bubblemaps on X, Jan 13, 2026 https://twitter.com/bubblemaps/status/2010890109416292660

According to the source, the claim that New York City Mayor Eric Adams created an Office of Digital Assets and Blockchain Technology via executive order cannot be independently verified here; traders should wait for an official Executive Order or press release from the City of New York before repositioning (source: user-provided post). Confirmation should come from NYC.gov or the Office of the Mayor’s official communications before treating this as a regulatory catalyst (source: City of New York official channels). Until confirmed, avoid chasing headline-driven moves in New York–exposed crypto equities or tokens and instead set alerts for an official executive order number and implementation timeline to assess regulatory impact on market access and licensing dynamics (source: standard trading risk controls and reliance on primary government publications).

According to the source, New York City Mayor Eric Adams has established a Digital Assets and Blockchain Office, but the post does not include an official NYC.gov release, executive order, or legislative filing to verify details such as mandate, budget, or timeline, which are necessary for trading-grade analysis; please provide an official government citation to enable a fully sourced assessment of potential impacts on BTC and ETH liquidity and sentiment during US trading hours (source: provided social post).

According to the source, pro-crypto NYC Mayor Eric Adams has ended his reelection bid citing financial struggles and had previously advocated for a city-launched Bitcoin bond, a stance relevant to municipal crypto finance. According to the source, Adams’s earlier push for a New York Bitcoin bond highlighted potential municipal participation in BTC-linked debt instruments that now face uncertain political sponsorship. According to the New York State Department of Financial Services (NYDFS), New York’s BitLicense regime is administered at the state level, so licensing and operating conditions for crypto exchanges serving New York customers remain unaffected by changes in the NYC mayor’s office.