๐ Another "celebrity" has managed to swipe $50 million from her followers. 22-year-old Haley Welch, aka "Hawk Tuah girl," went viral on TikTok, started a podcast, and then launched her own meme coin, #HAWK . The coin shot up to a $500 million market cap, only to crash to $25 million in minutes.
When the price dropped, she lied, claiming the team hadn't sold any tokens. In reality, 96% of the supply was in one cluster, and 89 wallets sold everything instantly.
Next time, check the project before you jump in.