According to the source, former NYC Mayor Eric Adams launched a crypto token marketed to fight antisemitism and anti-Americanism, and the coin subsequently fell more than 81% from its peak price, underscoring extreme drawdown risk in new launches (source: public X post dated Jan 13, 2026). Traders should treat such releases as high-volatility, low-liquidity events, a risk profile repeatedly highlighted by U.S. regulators for digital assets and celebrity-promoted offerings (source: U.S. SEC Office of Investor Education and Advocacy investor alerts on digital assets and celebrity promotions; U.S. CFTC customer advisory on virtual currencies). Until verified contract details, liquidity locks, and exchange support are disclosed, risk management should prioritize conservative position sizing and slippage controls (source: U.S. CFTC customer advisory on virtual currencies; U.S. SEC investor education materials on speculative assets).