When Haliey Welch, the internet’s “Hawk Tuah Girl,” launched her $HAWK meme coin, investors expected quick gains and viral success.
Instead, they were met with a financial nightmare as millions in value disappeared overnight, leaving Welch exposed as the face of what many are calling a crypto disaster.
The $HAWK Crash That Sparked Outrage
$HAWK, the hyped meme coin, soared 900% on launch, reaching nearly $500M in market cap. But within hours, it crashed 95%, wiping out retail investors. It’s since partially recovered, with a market cap now sitting at $28 million.
Critics, including popular YouTuber Coffeezilla, didn’t hold back, accusing Welch’s team of insider trading and blatant fraud.
Legal Action Looms as Investors Demand Answers
Angry investors are now preparing lawsuits, alleging misleading practices and manipulation by Welch and her team. Complaints have reportedly reached the SEC, adding legal weight to the scandal. Meanwhile, Welch’s silence has only fueled speculation and outrage, with many wondering if this was incompetence or an elaborate scheme from the start.
The $HAWK collapse is more than a meme—it’s a stark warning for the crypto community about the risks of chasing viral coins. For Welch, the fallout is proof that in the world of crypto, getting exposed can happen faster than your coin can crash.
