NYC Token: We have taken note of reports regarding "liquidity removal"; this is a liquidity rebalancing based on market demand.
Svmuu News: In response to community concerns regarding the NYC Token’s rapid surge and subsequent decline following its launch, the project issued a statement on X clarifying that, due to higher-than-expected market support and demand during the token’s initial launch, NYC Token partners conducted a liquidity rebalancing of the liquidity pool. The team has acknowledged community reports regarding the "removal of liquidity" and clarified that the funds in question have been reallocated to advance the project and replenish the liquidity pool. They also emphasized their long-term commitment to the project’s development.
Source:Odaily · Source Link
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