$HAWK, launched by Haliey Welch, the “Hawk Tuah Girl,” soared to a $490M market cap but crashed 91% within hours. The sudden collapse left investors furious and sparked allegations of insider trading and manipulation.
Critics blame “snipers,” traders exploiting token launches to hoard coins and dump them at peaks. Welch’s team denied wrongdoing, claiming no tokens were sold and high fees were added to prevent abuse. https://x.com/HalieyWelchX/status/1864448384326881713
In an interview, Welch called the coin “not just a cash grab,” admitting she once viewed crypto as a scam but now sees it as a fun way to engage fans. https://fortune.com/crypto/2024/12/04/hawk-tuah-girl-haliey-welch-launches-crypto-memecoin-solana/
Part 2 Coffeezilla roasted The Hawk Truth: https://crowd.news/post/6752861416b5e814bc02e79f?ref=630c7d5ca7a409d2b6386272 Show Less
