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'Hawk Tuah' girl Haliey Welch's memecoin launch went horribly wrong

Haliey Welch's $HAWK token, hyped as a "cultural" memecoin, tanked fast after its launch. It hit a $500 million market cap before plummeting to $36.6 million. A shocking 96% of tokens were held by just 10 wallets, sparking trust issues. Welch claimed her team sold no tokens and blamed bot buyers. As investors rage, her response? She left an X Spaces discussion, saying, "I'm gonna go to bed."

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