NYC Token: Noted the reports of "liquidity removal," which is a market demand-based liquidity rebalancing.

Odaily Planet Daily reports that in response to NYC Token’s rapid surge and subsequent pullback after opening, which attracted community attention, the project issued a statement on the X platform clarifying that due to market support and demand exceeding expectations during the initial token launch, NYC Token partners conducted a liquidity rebalancing operation on the liquidity pool. The team has now noticed community reports regarding some “liquidity removal” activities and clarified that the related funds have been redeployed for project development and additional funding into the liquidity pool. They also emphasized that their team will commit long-term to the project’s development.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)