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    Another Day, Another Celeb Meme Coin Rugpull: Hawk Tuah Girl Rugs Her HAWK Token In Less Than 1 Hour

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    Hailey Welch AKA the “Hawk Tuah” woman, launched her personal Hawk Tuah crypto as a Solana meme coin known as HAWK. Unsurprisingly, it’s down greater than 90% after capturing to $500 million in market cap at launch.

    HAWK’s market cap is lower than $40 million on the time of writing. It has processed over $23 million in buying and selling quantity whereas solely being dwell for 13 hours.

    (DEXSCREENER)

    Hawk Tuah Woman Adopted The Celeb Playbook With What Appears To Be But One other Pump And Dump

    The token was launched by Welch, who went viral earlier this yr for her “Hawk Tuah” feedback in a avenue interview video posted on social media.

    DexScreener mentioned HAWK went dwell at round 10 pm GMT on Wednesday. It was being teased and pushed closely by Welch on her X account and rapidly mooned to just about $500 million earlier than tanking over 90% to round $35 million on the time of writing.

    On-line sleuths rapidly researched and located that Welch and her staff had sniped 96% of the token provide and had been promoting the entire method down. Visualization information from Bubblemaps clearly exhibits the cluster of wallets that sniped a lot of the HAWK provide.

    Many customers on X started posting the Bubblemaps screenshot exhibiting the cluster of wallets allegedly belonging to the staff. The platform famous that at one level, insiders managed greater than 97% of the overall token provide.

    DISCOVER: Is Flockerz the Next Meme Coin Like $PNUT? The Flock Hit $4.3M in Presale as Analysts Label $1B Market Cap Potential

    Welch And Her Workforce Have Denied Rip-off Allegations

    “The Workforce hasn’t bought one token, and never one KOL was given one free token,” Welch wrote on X Wednesday night. We tried to cease snipers as finest we might by excessive charges firstly of the launch on Meteora; charges have now been dropped.”

    Welch’s put up has since been neighborhood famous, stating; “The “staff” and insiders have truly been promoting their token since launch. A majority have by no means bought something and have solely bought the tokens they got. Hailey is mendacity and can probably must “discuss tuah” choose about this.”

    OverHere, which seems to be the staff behind HAWK’s launch, additionally defined on X that the 96% cluster seen on Bubblemaps exhibits the tokens despatched by the deployer tackle to associated addresses in compliance with its tokenomics.

    The meme coin’s tokenomics, posted by Welch on X, present that solely 10% of the availability goes to Welch and her staff with a 12-month lock and 3-year linear vesting interval.

    “Haliey’s Workforce has bought completely no tokens whatsover,” OverHere wrote.

    Hawk Tuah Crypto: X Areas With Coffeezilla And Welch’s Workforce Will get Heated

    The HAWK staff jumped on an X areas following the failed launch, hosted by Hailey herself. Cyber investigator, Coffeezilla, acquired into it with one in every of Welch’s staff, DocHollywoodArt. The brazen moron went on a ten-minute rant defending the launch.

    He mentioned, “For those who’re in crypto you’re most likely mentally ailing, we are attempting to have enjoyable”. DocHollywoodArt completed by saying, “You guys ought to be kissing my a** as a result of im making an attempt to do one thing dope, ship it to 0”.

    Through the areas, the fellows behind HAWK had been adamant that they didn’t rug pull the token and that there have been nonetheless many plans in place to onboard Hailey’s neighborhood and preserve the token going.

    EXPLORE: Catslap Launching on Top Meme Coin Trendspotter MEXC at 1pm on December 6th – SLAP Price to Explode Like BONK?

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    The put up Another Day, Another Celeb Meme Coin Rugpull: Hawk Tuah Girl Rugs Her HAWK Token In Less Than 1 Hour appeared first on 99Bitcoins.



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