On January 13th, according to Onchain Lens monitoring, cryptocurrency KOL @old (account banned) spent 820,000 USDC to purchase 6.98 million NYC in the past 4 hours. He currently holds 203,000 USDC and may continue to buy.
As previously reported, former New York City Mayor Eric Adams announced the launch of the "NYC" token after leaving office, stating that the project aims to raise funds to combat anti-Semitism and anti-American sentiment, and to promote blockchain education for children. Adams introduced the token in Times Square, but did not disclose the partners, issuance time, fund usage methods, or specific mechanisms, only stating that ordinary New York City residents could participate in the investment.
