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BlockBeats News, January 13th. In response to the rapid surge and pullback of the NYC Token price after listing, which raised community concerns, the project issued a statement on the X platform clarifying that due to higher-than-expected market support and demand in the early stages of token listing, NYC Token partners conducted a liquidity rebalancing operation on the liquidity pool. The team has now taken note of community reports regarding some "liquidity removal," initiated TWAP fundraising efforts, added funds to the liquidity pool, and emphasized that the team is committed to long-term project development.

 Uniswap founder Hayden Adams commented on the NYC token incident involving former New York City Mayor Eric Adams, strongly criticizing celebrities and politicians for using blockchain to conduct scams. Adams pointed out that celebrities can fully profit from blockchain technology through legitimate means, such as issuing tokens while maintaining liquidity, providing real value to token holders, and keeping projects transparent. He emphasized that blockchain is an "unprecedentedly powerful tool for collaboration, monetization, and value distribution," used by millions of people worldwide, yet celebrities often use it for short-sighted fraudulent activities. Adams believes that by operating blockchain projects honestly, celebrities can not only gain more profits but also protect their reputation and avoid legal lawsuits.

BlockBeats News, January 13th, Uniswap founder Hayden Adams commented on the NYC Coin incident involving former New York City mayor Eric Adams, strongly criticizing celebrities and politicians for using blockchain for fraudulent activities. Adams pointed out that celebrities could perfectly well profit from blockchain technology in legitimate ways, such as issuing tokens while maintaining liquidity, providing real value to holders, and ensuring project transparency. He emphasized that blockchain is "an unprecedentedly powerful tool for collaboration, monetization, and value distribution" being utilized by millions of people worldwide, yet celebrities often leverage it for short-sighted fraudulent schemes. Adams believed that by running blockchain projects honestly, celebrities could not only gain more profits but also protect their reputation and avoid legal action.