大蘋果，大糟糕：埃里克·亞當斯（Eric Adams）、加密貨幣代幣以及震驚紐約市的糟糕發行

The Rise and Rapid Fall of the NYC Token

紐約代幣的崛起和快速下跌

Remember that buzz? Just days ago, former New York City Mayor Eric Adams was back in the spotlight, fresh from global travels, touting his new crypto coin, the NYC Token. Promising to tackle everything from antisemitism to "anti-Americanism," Adams declared it would "change the game" and "take off like crazy." Well, it certainly took off, briefly soaring to a nearly $600 million valuation. Then, just as quickly, it nose-dived, losing a staggering 75% of its value by evening. What happened next has become a familiar tune in the wild world of digital assets: allegations of a "rug pull" and a messy scramble for explanations.

還記得那個嗡嗡聲嗎？就在幾天前，前紐約市市長埃里克·亞當斯 (Eric Adams) 剛剛結束環球旅行，重新回到聚光燈下，宣傳他的新加密貨幣 NYC Token。亞當斯承諾解決從反猶太主義到“反美主義”的所有問題，並宣稱它將“改變遊戲規則”並“瘋狂起飛”。嗯，它確實起飛了，估值短暫飆升至近 6 億美元。然後，它的價值以同樣快的速度暴跌，到晚上就損失了驚人的 75%。接下來發生的事情已經成為數字資產狂野世界中的常見曲調：“拉扯”的指控和混亂的解釋爭奪。

A Cloud of Confusion: Withdrawals, Denials, and Unanswered Questions

一片混亂：撤回、否認和懸而未決的問題

According to crypto-analytics firm Bubblemaps, the crash followed a significant $2.5 million withdrawal from an account linked to the token’s creation, with only about $1.5 million later returned. This immediately raised red flags, echoing the tactics of insider-driven schemes. Adams, however, has been quick to deny any wrongdoing or personal profit. His spokesperson attributes the dramatic price shifts to "market volatility" and "adjustments" made by the designated market maker. Yet, the official NYC Token account offered a slightly different tune, claiming liquidity was "rebalanced" due to overwhelming demand. It’s enough to make a New Yorker scratch their head.

據加密分析公司 Bubblemaps 稱，此次崩盤是在從與該代幣創建相關的賬戶中提取了 250 萬美元之後發生的，之後僅返回了約 150 萬美元。這立即引發了危險信號，與內部驅動計劃的策略相呼應。然而，亞當斯很快否認有任何不當行為或個人利益。他的發言人將價格的劇烈變化歸因於“市場波動”和指定做市商所做的“調整”。然而，NYC Token 官方賬戶的說法略有不同，聲稱由於需求旺盛，流動性已“重新平衡”。這足以讓紐約人摸不著頭腦。

For many, the optics are, to put it mildly, "messy." Transparency, a word Adams' spokesperson used, seems to be in short supply. Key partners in the project remain largely undisclosed, though names like Frank Carone, Adams’ former chief adviser, and Yosef Sefi Zvieli, a real estate investor with a controversial past, have surfaced. Neither boasts direct crypto experience, adding to the intrigue. It begs the question: who exactly was steering this digital ship?

對於許多人來說，溫和地說，光學是“混亂的”。亞當斯發言人使用的一個詞“透明度”似乎供不應求。該項目的主要合作夥伴在很大程度上仍未公開，但亞當斯前首席顧問弗蘭克·卡隆(Frank Carone)和過去頗受爭議的房地產投資者約瑟夫·塞菲·茲維利(Yosef Sefi Zvieli)等名字已經浮出水面。兩者都沒有直接的加密經驗，這增加了人們的興趣。這就引出了一個問題：到底是誰在駕駛這艘數字船？

A Familiar Tune for Adams and the Big Apple

亞當斯和大蘋果的熟悉曲調

This isn't Adams' first dance with crypto controversy. Early in his mayoral term, he championed "NYCCoin," which also eventually collapsed and was disavowed by the city. It seems history, in the crypto realm at least, has a knack for repeating itself when Adams is involved. The pattern of vague promises, rapid ascent, and even faster collapse, coupled with a lack of clear accountability, is concerning. As Bubblemaps analysis showed, a significant chunk of investors bought in just before Adams' public announcement, suggesting an advantage for those in the know—or those who watch new tokens like hawks.

這並不是亞當斯第一次與加密貨幣爭議共舞。在他的市長任期初期，他支持“NYCCoin”，但該項目最終也崩潰並被市政府否認。當亞當斯參與其中時，歷史似乎總是會重演，至少在加密貨幣領域是如此。模糊的承諾、快速的上升、甚至更快的崩潰，加上缺乏明確的責任，這種模式令人擔憂。正如 Bubblemaps 分析所示，很大一部分投資者在 Adams 公開宣布之前買入，這表明那些了解情況的人或那些像鷹派一樣關注新代幣的人有優勢。

Even Brock Pierce, the billionaire crypto investor Adams reportedly sought guidance from (after the fact, mind you), admitted he would have assembled a "more qualified team" had he been consulted pre-launch. It seems everyone’s a genius after the fact, but for the 4,000-plus investors, many of whom lost money, that’s cold comfort.

據報導，億萬富翁加密貨幣投資者亞當斯尋求指導（請注意，事後）的布羅克·皮爾斯（Brock Pierce）也承認，如果在發布前徵求他的意見，他將組建一個“更合格的團隊”。事後看來，每個人都是天才，但對於 4000 多名投資者（其中許多人都賠了錢）來說，這只是冰冷的安慰。

The Bottom Line: Trust, Tokens, and Times Square Hype

底線：信任、代幣和時代廣場炒作

In a world where digital assets are supposed to be about decentralization and transparency, the NYC Token launch feels a lot like old-school Times Square hype gone wrong. The noble goals of fighting antisemitism and promoting crypto education are overshadowed by the financial drama and the lingering scent of a project that was, at best, poorly executed, and at worst, something more cynical. It’s a stark reminder that even with political endorsements, the crypto market remains a wild frontier, where promises often outpace reality.

在一個數字資產被認為是去中心化和透明的世界裡，紐約代幣的推出感覺很像老式時代廣場的炒作出了問題。打擊反猶太主義和促進加密貨幣教育的崇高目標被金融戲劇和一個項目的揮之不去的氣味所掩蓋，該項目充其量是執行不力，最壞的情況是更加憤世嫉俗。這是一個鮮明的提醒，即使有政治支持，加密市場仍然是一個狂野的前沿，承諾往往超過現實。

So, what’s next for the NYC Token? Some hope it can be salvaged, but as one expert put it, "It’s hard to regain trust in the crypto community." For now, it seems the only thing "taking off like crazy" is the conversation around how, once again, the city that never sleeps found itself caught in a digital dream that turned into a financial nightmare. Hey, at least it wasn't boring, right? Only in New York, folks, only in New York.

那麼，NYC Token 的下一步是什麼？一些人希望它能夠被挽救，但正如一位專家所說，“很難重新獲得對加密社區的信任。”目前，似乎唯一“瘋狂起飛”的話題是關於這座不夜城如何再次陷入數字夢想，而最終變成了金融噩夢。嘿，至少不無聊，對吧？只有在紐約，伙計們，只有在紐約。