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.
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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.