Former NYC mayor Eric Adams launches ‘NYC Token’ memecoin

The Solana-based NYC Token briefly surged before plunging shortly after launch, with Eric Adams saying proceeds would fund education initiatives.

Eric Adams has made his first major public move since leaving the New York City Mayor’s Office, launching a New York City–themed crypto token aimed at addressing antisemitism and “anti-Americanism.”

In a post to X on Monday, Adams announced the launch of the NYC Token, with a link to a website that says it also aims to inspire the next wave of innovation in NYC.

“I always say there are two types of Americans, those who live in New York and those who wish they could,” Adams said in a video, adding that “We’re about to change the game.”

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