A 22-year-old TikToker became an overnight sensation thanks to the "Hoo Taugh Girl" meme.
The "Hawk Tuah" video went viral on TikTok, catapulting Hailey Welch into stardom.
Everyone was repeating the iconic phrase.
1/ Hailey realized that with such massive popularity, she needed to turn it into a business.
She didn’t waste any time and partnered with Fathead Threads.
Through this partnership, she sold her merchandise for $65,000.
2/ Celebrities didn’t miss the chance to capitalize on the hype surrounding this girl.
For example, she collaborated with Jake Paul, who promoted her brand to his audience.
Additionally, she began attending exclusive parties, earning up to $30k just for appearing.
3/ Her popularity was skyrocketing
until December 4th arrived...
4/ Just over a week ago, she posted a video.
In the video, she announced the launch of her memecoin, $HAWK, on December 4.
And so, the story of $HAWK began.
5/ After the launch, the $HAWK memecoin reached an astonishing $500M market cap in just one day.
Everyone was shocked by such rapid growth.
But the fall was just as swift—the token plummeted from a $500M to a $25M market cap in a matter of minutes.
6/ Just minutes after the rug pull, the community erupted on X with heated discussions.
Hailey quickly posted the tokenomics of the project, claiming that neither she nor her team had sold any tokens.
However, it seems they weren’t aware that all blockchain data can be verified.
7/ Experienced traders began analyzing the data on Bubblemaps.
They discovered that 96% of all tokens were held within a single cluster.
This indicates that the developers controlled the majority of the supply, while the remaining tokens were distributed to the community — but even this wasn’t as straightforward as it seemed.
8/ A total of 285 investors took part in the $HAWK presale, and 89 wallets immediately sold all their tokens.
This strongly resembled insider trading.
The community was stunned by this unexpected turn of events.
9/ After intense discussions and considerable outrage, Hawk Tuah Girl decided to host an AMA session on X.
The goal of the session was to clarify to the audience that neither she nor her team had sold any tokens.
She also asked people to share this information in an effort to restore her reputation.
10/ During the AMA, experienced trader @coffeebreak_YT stepped in and explained that the rug pull was entirely visible on the blockchain.
However, Hailey refused to acknowledge the information or accept any criticism directed at her.
She interrupted her team member's speech, ended the session, claimed she was tired, and decided to go to sleep.
11/ This isn’t the first scam story involving popular figures, yet people continue to trust their idols and lose money.
Never buy tokens based on hype or celebrity endorsements—9 out of 10 times, you’ll lose all your money.
Always verify information and conduct your own analysis before investing in any token.
I hope my article was helpful, if so, please :
Follow me for more alpha content
Like & Repost to motivate me continue