🇺🇸 Former New York City mayor launches his own NYC token.
Former New York City mayor Eric Adams announced that this project is intended to fund the fight against antisemitism and anti-Americanism, as well as to educate children about blockchain.
• Adams has long supported cryptocurrency and even received his salary in BTC.
• He promised to issue Bitcoin bonds for New York, but never did so.
• Under his leadership, the Digital Assets Office was established.
• His time in office was accompanied by scandals and an investigation by the Department of Justice.
The market capitalization of the NYC token rose to nearly $600 million before dropping 80%, with a significant portion of liquidity being withdrawn.
#Nyc #NY #tocen