ETH: Former NYC Mayor-backed token tumbles on Solana amid liquidity fears 🚨🔥

Crypto community members accused the project team of removing liquidity, sparking rug pull fears 💪🚫

Rune flagged data suggesting $3.4 million was drained from the token's liquidity pool. Bubblemaps showed $2.5M in USDC removed near the peak, with $900K not returned after partial additions 🔐💸

Team cited TWAP strategy to manage volatility ✨ While explaining their actions, the episode kept attention on how liquidity is handled for newly launched meme coins 🤔#ETH #NYCtoken