• A recent meme "Hawktua" in which a girl is accused of scamming cryptocurrency buyers after collecting and dropping coins, an abusive lawsuit by victims

the Coin #meme launched by viral agent Haley Welchhok Tuah

It became the subject of controversy on Wednesday after it lost millions of dollars in market value in a short period of time by bouncing up and down.

What happened: HAWK, launched Wednesday on Meteora #Solana SOL/USD, quickly gained a market valuation of nearly $425 million, according to dexscreener, before dropping to $30 million.

At the time of writing, the meme coin's value was slightly higher at 44800 million, but still 90% lower than when the hype began.

The sudden drop caused outrage in the #cryptocurrency community.

User X under the pseudonym jigga. 5 "You didn't say you were going to buy 97% of the stock and sell it almost immediately for a big profit, he said.

Hi, @HalieyWelchX, I bought "Hawk" for 35,000 yen, but after 10 minutes, I have 2,000 yen left.

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