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On December 4, Haliey Welch unveiled her own meme coin.
After creating her own money and causing a great deal of controversy among her fans, Hawk Tuah Girl, also known as Haliey Welch, has faced criticism.
This past summer, Haliey became well-known on the internet for her frank and inappropriate comments on “what makes a guy go crazy in bed.”
She became known as the “Hawk Tuah Girl” as a result of the remark, which also garnered her a lot of social media attention.
In order to reach a wider audience, she has since created her own podcast and accumulated almost three million Instagram followers.
Haliey just introduced her own meme coin, appropriately called HAWK, taking her endeavors to the next level.
On December 4, the cryptocurrency was formally introduced, and its initial performance was encouraging.
At its height, the market value of HAWK coin surged to an incredible $490 million.
But according to CoinTelegraph, the victory was short-lived as its value plummeted by a startling 91% in just three hours.
When the coin’s value fell sharply to $41.7 million, many investors became irate and had financial difficulties.
For those that purchased Haliey’s coin, the consequences have been severe, with many people airing their complaints online.
After purchasing the cryptocurrency, many people claimed to have lost large sums of money in a matter of minutes.
A Twitter user revealed that after spending $35,000 on HAWK, its worth quickly fell to $2,000.
On the site, they said, “I am a huge fan of Hawk Tuah but you took my life savings,” speaking directly to Haliey.
“I purchased your coin $Hawk that you were so excited about with my life savings and children’s college education fund as well.”
Another disgruntled investor said, “You didn’t mention that you were going to buy 97% of the supply and sell it almost immediately to make a large profit.” Haliey was accused of omitting important information.
A frustrated user commented elsewhere: “So… it turns out the Hawk Tauh crypto meme coin was not a good investment.”
A number of users have also charged Haliey with planning a “rug pull,” a scam in the cryptocurrency world where developers abandon a project and steal investors’ money.
Hello, @HalieyWelchX After ten minutes of purchasing, the $35,000 I paid for Hawk is now worth $2,000.
Even though I adore Hawk Tuah, you stole my entire life’s savings.
I used my life savings and my children’s college tuition money to buy your currency, $Hawk, about which you were so thrilled as MRftQ2sT6g pic.twitter.com/
— @jiggadrin_ (JIGGA.5mbK) December 4, 2024
One individual expressed their dismay by tweeting, “I wish Hawk Tuah Girl could figure out a way to swiftly earn tens of millions of dollars online to reimburse everyone who was duped by her meme coin.”
“We live in a weird timeline,” said another. The “Hawk Tuah” girl, @HalieyWelchX, used her fame to develop a meme coin on the Solana blockchain. The investors were then taken by surprise. Is this lawful?
Critics have even gone so far as to say that Haliey ought to be held legally responsible for the occurrence.
Some irate voices have gone so far as to say that she ‘deserves to be in jail right now.’
In spite of the criticism, Haliey has denied any misconduct. In a live Twitter feed, she addressed the accusations and defended her crew.
“Hawkanomics: Team hasn’t sold one token and not 1 KOL was given one free token,” she asserted in one tweet.
Additionally, she stated: “We made every effort to prevent snipers by imposing high fees at the beginning of launch on @MeteoraAG. Now, fees have been eliminated.
Critics, however, have refuted her assertions and charged her staff with unethical behavior. “In fact, the ‘team’ and insiders have been selling their token since launch,” they claimed. Most have only ever sold the tokens they were given and have never bought anything. Haliey is lying, and the court will probably need to “talk tuah” about it.
Stephen “Coffeezilla,” a well-known YouTube investigator, entered the discussion during the live stream and questioned Haliey about the accusations. “This is one of the most miserable, horrible launches I’ve ever seen,” he said without holding back. I’ve spent some time tracking it down on the chain. While your fans were taken advantage of, you guys made over a million dollars in fees. In addition to insider trading that was directly connected to your creator accounts, there were snipers.
