What's going on in the crypto world this week? 🧐

- Internet sensation Hailey Welch's memecoin HAWK has made a rapid debut but has lost 95% of its value.

- The token, which initially reached a market value of $500 million, is now around $20 million.

- YouTuber Coffeezilla called the project a "hawk tuah scam."

- Welch held a controversial session at X Spaces but remains silent.

Do you think such projects are harming the crypto world? Share your thoughts in the comments! 💬