Hawk Tuah Girl’s Cryptocurrency Crash: Understanding the Rise and Fall of Meme Coins
Haliey Welch, famous for her TikTok video “Hawk Tuah,” recently launched her cryptocurrency, $HAWK, on the Solana blockchain. Initially valued at $500 million, its price dropped by 95%, sending investors into a panic. Accusations of insider trading and potential fraud arose, leading some investors to file complaints with the SEC. Welch denied any wrongdoing, claiming ...