What Has the Project Team Said About the Liquidity Issues?
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In response to the backlash, the NYC Token team stated that the liquidity withdrawals were part of a planned rebalancing process rather than an attempt to exit the market. They denied allegations of wrongdoing and emphasized that the project is still developing.
Going forward, analysts say the token’s credibility will depend on transparent communication and consistent on-chain behavior. Continued monitoring of liquidity movements and clearer disclosures around reserve management may determine whether community trust can be restored in the coming weeks.
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Transparency decides everything now.
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Trust isn’t rebuilt with words.