NYC Token experiences volatility after opening, and the team quickly replenishes liquidity

The market performance of NYC Token on its launch day was tumultuous, sparking much discussion. On January 13, the project team issued a statement in response, revealing the behind-the-scenes operations.

**Why was the liquidity pool adjusted**

The project stated that NYC Token received an unexpectedly warm welcome from the market upon launch, with trading demand far exceeding initial expectations. To accommodate this market enthusiasm, the partners rebalanced the liquidity pool — simply put, they dynamically adjusted the fund allocation based on trading pressure.

**Team’s subsequent actions**

In response to community discussions about the removal of some liquidity, the NYC Token team said they had noticed these voices and acted swiftly. They initiated TWAP (Time-Weighted Average Price) fundraising efforts and replenished the liquidity pool with funds, aiming to ensure market liquidity remains stable. This series of actions reflects the team’s emphasis on market stability.

**Project background review**

NYC Token is a cryptocurrency project launched by former New York City Mayor Eric Adams after his term ended. The project’s original purpose was to raise funds for anti-Semitism and anti-American sentiment prevention efforts, while also promoting children’s blockchain education. Adams publicly introduced the token in Times Square, attracting ordinary New Yorkers to participate in investment. However, at that time, the project did not disclose details about partners, issuance specifics, or operational mechanisms.

**Long-term development commitment**

The team emphasized that despite initial fluctuations, they are fully committed to the long-term development of NYC Token and will continue to invest in the project.