Hawk Tuah Girl Haliey Welch Faces Crypto Coin Criticism
Haliey Welch, the 'Hawk Tuah' meme star, faces criticism after her cryptocurrency, Hawk, plummeted in value shortly after launch.
Haliey Welch, the internet personality known for the viral "Hawk Tuah" meme, is facing backlash after her newly launched cryptocurrency, Hawk, dramatically crashed in value hours after its release. The Hawk coin reached a market capitalization of $490 million shortly after launching on the Solana blockchain but quickly lost over 95% of its value. This rapid decline has led to accusations of a "pump and dump" scheme, with critics, including YouTuber Coffeezilla (Stephen Findeisen), alleging that Ms. Welch and her team manipulated the price for personal profit. Ms. Welch denies these allegations, stating on X (formerly Twitter) that her team hasn't sold any tokens and that no key opinion leaders received free tokens, despite previously distributing some to fans. However, community notes on her post contest this explanation, claiming her team has been selling since launch. Scam Allegations and Responses Coffeezilla accused Ms. Welch's team of misleading fans and p…