On January 13, in response to the rapid surge and subsequent decline of NYC Token after its launch causing community concern, the project issued a statement on the X platform clarifying that due to market support and demand exceeding expectations during the initial launch phase, NYC Token partners conducted liquidity rebalancing operations on the liquidity pool. The team has now noticed community reports regarding some "liquidity removal" and has initiated TWAP fundraising efforts, added funds to the liquidity pool, and emphasized that the team will invest in the project's long-term development.
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