Hawk Tuah Girl’s Cryptocurrency Crash: Understanding the Rise and Fall of Meme Coins
Haliey Welch, famous for her viral TikTok video, recently launched her cryptocurrency, $HAWK, on the Solana blockchain. Initially valued at $500 million, its value quickly crashed by 95%, leading to a Market cap of just $25 million. Investors faced massive losses, prompting accusations of insider trading and potential fraud against Welch and her team. Memecoins, ...