I bought $NYC because I trusted the name. Lost Over $50000.

> Eric Adams calls it the official NYC token, but it isn’t.

> He says it’s for scholarships and fighting hate, therefore I don’t question it.

> I see Times Square, merch, interviews, but no whitepaper.

> Volume hits $30M in hours, therefore I FOMO.

> Price runs to $0.58, but I don’t know who holds liquidity.

> A wallet adds tokens, therefore I feel safe.

> That same wallet pulls $2.4M in USDC, but I only notice after.

> The chart collapses in minutes, therefore my balance doesn’t matter.

> $500M vanishes, but $930K never comes back.

> They say it was “overwhelming demand,” therefore I learn a new word: rug.

> Eric goes silent, but my wallet doesn’t.

I didn’t buy a memecoin. I bought a politician’s exit liquidity.

[Source: Reddit]