Haliey “Hawk Tuah Girl” Welch, a viral influencer and podcast host, has faced backlash after her new cryptocurrency, Hawkcoin, launched and subsequently crashed within hours. Initially valued at $490 million, the coin’s worth plummeted nearly 95%, drawing accusations of a pump and dump scheme. Welch denied these allegations, attributing the crash to “snipers,” or investors who quickly buy and sell tokens for profit. Despite her claims that neither she nor her team participated in any manipulation, the swift decline has raised eyebrows among fans and investors. As Welch attempts to clarify the situation, the future of Hawkcoin remains uncertain amid growing skepticism in the crypto community.
Viral Influencer Hawk Tuah Girl’s Memecoin Crashes: What Happened?
Viral influencer and podcast host Haliey “Hawk Tuah Girl” Welch launched her memecoin, Hawkcoin, yesterday, but it has already faced a dramatic crash. Many are speculating that the coin could be a pump and dump scheme. Welch denies these claims and insists that everything is above board.
The origins of Welch’s fame can be traced back to a viral video from June 2024 where she offered a cheeky answer to a question about what drives men wild. That video spurred a wave of memes and online discussions. Following her rise to fame, Welch announced her podcast on Jake Paul’s sports betting network, accompanied by the announcement of Hawkcoin, which fans were eager to buy.
Unfortunately, the launch did not go as planned. According to reports from Web3IsGoingGreat and CoinTelegraph, Hawkcoin initially reached a staggering Market value of $490 million. However, just hours after its launch, the Market crashed, resulting in a loss of nearly 95% of its value. As of now, Hawkcoin’s Market value hovers around $28 million, raising eyebrows and igniting discussions about potential Market manipulation.
Critics have speculated that Welch’s team might have inflated the coin’s value, only to sell it at its peak for profit—a tactic known as pump and dump. Welch refuted these claims, arguing that they didn’t manipulate the coin’s value and blamed the crash on “snipers,” or investors who buy coins as soon as they launch and sell them quickly for profit.
Welch defended her position in a Twitter post, stating that neither she nor her team sold any tokens and that they had implemented measures to deter snipers through increased fees at launch. Meanwhile, data suggests that one investor lost a significant sum after swapping other assets for Hawkcoin during the tumultuous launch.
As the story unfolds, the fate of Hawkcoin and its creator remains uncertain. Fans and critics alike are watching closely as Welch navigates the aftermath of this highly publicized venture.
For the latest updates on this story, follow Haliey Welch on social media platforms like Facebook, Twitter, and Instagram.
Tags: Hawk Tuah Girl, Haliey Welch, Hawkcoin, Memecoin, Cryptocurrency Crash, Pump and Dump
What is Hawk Tuah Girl’s Crypto Coin?
Hawk Tuah Girl’s Crypto Coin is a new digital currency created to give people a way to invest in the crypto Market. It aims to attract a community of users interested in unique projects.
Why did the coin launch then crash so quickly?
The coin experienced a launch and then a crash within three hours due to high volatility and sudden Market reactions. Some investors might have sold their coins quickly, causing the price to drop sharply.
Is it safe to invest in this coin?
Investing in any cryptocurrency, including Hawk Tuah Girl’s Coin, comes with risks. It’s essential to do thorough research and consider the potential for loss before investing.
Can I still buy this coin after the crash?
Yes, you can still buy Hawk Tuah Girl’s Coin after the crash. However, prices may be lower, and it’s crucial to keep Market trends in mind before making a purchase.
What should I know before investing in new crypto coins?
Before investing in new crypto coins, consider the following tips:
– Research the project’s credibility and team.
– Watch for Market trends and price movements.
– Understand the risks involved in cryptocurrency investments.
– Only invest money you can afford to lose.
