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Sad Story: Hawk Tuah Girl’s Meme Coin $HAWK Collapses from $500M to $60M! 🐦📉
In a dramatic turn of events, the meme coin $HAWK, created by internet personality Hailey Welch, also known as the Hawk Tuah Girl, soared to an astonishing $500 million market cap only to crash down to $60 million in just 20 minutes after its launch on Solana. 🚀💥 Investors are reeling from the devastation, with some reporting life-altering financial losses.
What Happened?
Moments after launch, $HAWK attracted massive hype, but the subsequent crash has fueled accusations of a “rug pull” scheme. This is a notorious tactic in the crypto world where developers suddenly sell their holdings, leaving investors with worthless tokens. According to experts, these schemes are becoming alarmingly frequent in meme-coin culture.
Victim Stories Emerge
Social media is now flooded with heartbreaking accounts. One user posted:
“I invested $35,000 into $HAWK; now it’s worth $2,000. I trusted Hawk Tuah Girl with my kids’ college fund. This is a nightmare!” 💔
Others are calling out Welch directly:
“You controlled most of the token supply and dumped it on us. This was never disclosed. Legal action should follow!” 📜⚖️
Meme Coins Under Fire
The incident has raised serious questions about the integrity of meme coins and the accountability of influencers backing them. With the rise of flashy endorsements and viral hype, many investors are demanding stricter regulations and transparency.
$Puppies Token: Backed by Elon Musk and His Mom!
$Puppies token has been generating significant buzz in the crypto world, not just because it’s a rising meme coin, but also due to the backing it has received from Elon Musk himself. On top of that, Maye Musk, his mother, has publicly supported the token 4 times on social media. This endorsement has given the token substantial attention, leading to a growing community of supporters, with over 15,000 holders already involved.
$BTC $ETH $XRP #2024withBinance #BTCRecoveredTo97K #CryptoHistoricMoment #CryptoZombieUprising #puppies
In a dramatic turn of events, the meme coin $HAWK, created by internet personality Hailey Welch, also known as the Hawk Tuah Girl, soared to an astonishing $500 million market cap only to crash down to $60 million in just 20 minutes after its launch on Solana. 🚀💥 Investors are reeling from the devastation, with some reporting life-altering financial losses.
What Happened?
Moments after launch, $HAWK attracted massive hype, but the subsequent crash has fueled accusations of a “rug pull” scheme. This is a notorious tactic in the crypto world where developers suddenly sell their holdings, leaving investors with worthless tokens. According to experts, these schemes are becoming alarmingly frequent in meme-coin culture.
Victim Stories Emerge
Social media is now flooded with heartbreaking accounts. One user posted:
“I invested $35,000 into $HAWK; now it’s worth $2,000. I trusted Hawk Tuah Girl with my kids’ college fund. This is a nightmare!” 💔
Others are calling out Welch directly:
“You controlled most of the token supply and dumped it on us. This was never disclosed. Legal action should follow!” 📜⚖️
Meme Coins Under Fire
The incident has raised serious questions about the integrity of meme coins and the accountability of influencers backing them. With the rise of flashy endorsements and viral hype, many investors are demanding stricter regulations and transparency.
$Puppies Token: Backed by Elon Musk and His Mom!
$Puppies token has been generating significant buzz in the crypto world, not just because it’s a rising meme coin, but also due to the backing it has received from Elon Musk himself. On top of that, Maye Musk, his mother, has publicly supported the token 4 times on social media. This endorsement has given the token substantial attention, leading to a growing community of supporters, with over 15,000 holders already involved.
$BTC $ETH $XRP #2024withBinance #BTCRecoveredTo97K #CryptoHistoricMoment #CryptoZombieUprising #puppies
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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