Trace the crypto sh*t coin by Eric Adams and c18 digital. Eric it's blockchain! NOT change 🥹🤑🧐😔

Описание: This video, titled *"Trace the crypto sh*t coin by Eric Adams and c18 digital,"* is a critical analysis of a new digital token called the "New York City Token" ($NYC). The creator investigates the legitimacy of the coin, its launch data, and its connection to former New York City Mayor Eric Adams.

*Key Highlights and Analysis:*

*The Launch and Mission:*
The video opens with a news clip of Eric Adams and Maria Bartiromo discussing the launch of the **New York City Token**. [[00:13](   • Trace the crypto sh*t coin by Eric Adams a...  )]
The coin's stated purpose is to fund three initiatives: fighting anti-Semitism, education programs, and blockchain scholarships for underserved youth. [[00:43](   • Trace the crypto sh*t coin by Eric Adams a...  )]
Adams compares the use of blockchain for transparency to how Walmart tracks food and goods. [[03:03](   • Trace the crypto sh*t coin by Eric Adams a...  )]


*Skepticism and "Red Flags":*
The narrator expresses heavy skepticism, calling the coin an "embarrassment" and questioning the legitimacy of the entity behind it, **C18 Digital LLC**. [[03:35](   • Trace the crypto sh*t coin by Eric Adams a...  )]
He notes that a search of corporation databases yields no record of "C18 Digital LLC." [[17:22](   • Trace the crypto sh*t coin by Eric Adams a...  )]
He highlights that the token represents no equity ownership or rights to distributions, which is stated in the fine print. [[06:20](   • Trace the crypto sh*t coin by Eric Adams a...  )]


*Technical Deep Dive (Tokenomics):*
The token is built on the *Solana* blockchain with a maximum supply of **1 billion tokens**. [[05:52](   • Trace the crypto sh*t coin by Eric Adams a...  )]
The narrator reviews the "minting" process, noting that 1 billion tokens were created instantly and then transferred between various wallets. [[09:05](   • Trace the crypto sh*t coin by Eric Adams a...  )]
He identifies a specific "admin" wallet (referred to as the "61 wallet") that appeared to be "making the market" by buying and selling at specific price points (e.g., buying at 13 cents and selling at 14 cents). [[20:15](   • Trace the crypto sh*t coin by Eric Adams a...  )]


*Market Performance and Predictions:*
The narrator tracks the price movement shortly after launch (around 5:00 PM EST), showing it jumping from roughly *8 cents to 48 cents* within the first 45 minutes. [[27:15](   • Trace the crypto sh*t coin by Eric Adams a...  )]
He characterizes the trading activity as "arbitrage" or potential manipulation by insiders. [[19:54](   • Trace the crypto sh*t coin by Eric Adams a...  )]
The video concludes with a warning to viewers to stay away from the coin, predicting that it will eventually "go to zero" after insiders have already extracted their profits. [[27:52](   • Trace the crypto sh*t coin by Eric Adams a...  )]



The video serves as a cautionary critique, suggesting that the "New York City Token" lacks transparency and may be a "rug pull" or a "sh*t coin" designed to benefit insiders rather than the public initiatives it claims to support.