The rapid plummet of a digital coin promoted by ex-New York City Mayor Eric Adams is drawing outrage from investors and crypto mavens who say the debut of the currency resembles a “rug pull” or “pump-and-dump” scheme.

NYC Token linked to former mayor Eric Adams triggers backlash following sudden liquidity movements and trader concerns.

Eric Adams, the recently departed former mayor of New York City, endorsed a cryptocurrency called "NYC Token" from Times Square on Monday.

Eric Adams launches NYC Token, joining TRUMP and MELANIA as political meme coins amid volatility and rug pull concerns.

The $Trump crypto token reached a $73 billion market value at its peak. CIC Digital, an affiliate of the Trump Organization, controls 80% of $Trump coins. Insider ...

Is Donald Trump looking to endear himself further to the $2.5 trillion crypto industry with the launch of a new crypto token called "Trump Coin"? That’s the buzz, according to crypto industry participants, as Trump ramps up his campaign for the November ...

Several meme coins tied to Zhao’s tweets have surged to large valuations before steep declines. ・Past examples include tokens linked to his dog, emojis, and offhand comments. ・The most recent instance occurred with the Wo Ta Ma Lai Le token,