As a seasoned gamer who’s been around the block more than a few times, I can’t help but feel a sense of deja vu when it comes to Hailey Welch and her latest escapade with the $HAWK Coin. It seems like every time we think we’ve seen it all, someone comes along and manages to outdo themselves.
Over the last couple of months, it’s been hard to avoid the internet buzz about Hailey Welch, who is famously recognized as the Hawk-Tuah Girl on social media platforms.
Noted for her popularity following a spontaneous, on-the-street conversation that centered around the question of how to please men, Welch’s witty and unforeseen answer spread like wildfire online.
„Oh, you gotta give him that hawk tuah and spit on that thang.“
She skillfully leveraged her newfound fame, turning the viral moment into long-term success.
Welch made multiple appearances across various platforms, granted interviews, worked alongside popular figures such as MrBeast, and ultimately started her own podcast called “Talk Tuah”.
Lately, she made a significant stride towards capitalizing on her influence by launching her own digital currency, known as the $HAWK Coin. This blockchain-based project is structured similarly to Bitcoin.
$HAWK Coin: From Soaring Success to Spectacular Crash
Welch launched $HAWK Coin on December 4, 2024, via the Solana blockchain.
The launch was highly publicized, building excitement within her community.
Initially, the coin’s voyage was smooth. But soon after its launch, its worth unexpectedly soared more than nine times its original value. However, in a matter of hours, it plummeted, losing approximately 90% of its newfound value.
Many small investors reported significant financial losses.
In HawkEconomics, no tokens have been sold yet and no Key Opinion Leaders (KOL) received free tokens.
— Haliey Welch (@HalieyWelchX) December 4, 2024
It was found through blockchain examination that approximately 96% of the tokens were controlled by only ten digital wallets, leading to claims that this resembled the typical manipulation strategy known as “pump and dump.
In one example, a wallet purchased 17.5% of the token supply for 4,195 Wrapped Solana (approximately $993,000) and sold it less than two hours later for a $1.3 million profit.
These patterns often fueled the broad distrust that retail investors were being lured by artificially inflated price rises, which later allowed insiders to make a profit by selling their shares.
Welch and her associates assert they have no part in dishonest dealings, yet critics claim the venture is nothing more than a blatant swindle.
Under the banner of “Burwick Law,” it’s been declared that they will be advocating for these investors in potential legal proceedings.
Community Backlash
Hailey Welch has faced intense backlash following the introduction of the $HAWK Coin, which has led to a substantial loss of support among her former devoted followers.
Social media is currently overflowing with expressions of discontent and letdown from individuals who feel deceived, as they had expected something different.
Hello @HalieyWelchX,
— JIGGA.5mbK (@jiggadrin_) December 4, 2024
Haliey i lost my christmas present money for the kids. Please help!!!
— Kader Calls (@kadercalls) December 5, 2024
Detractors, once admirers, allege that Welch has been exploiting her public standing for personal financial gain within her community.
These voices are familiar: since her widespread popularity, she’s often been written off by some as a superficial online sensation, who doesn’t truly merit her fame.
Statements like “‘Her fleeting moment in the spotlight has passed’” or “‘Look at how effortless it seems to gain fame these days?’” are frequently seen on social networking platforms over the years.
It appears that someone is deceptively claiming that snipers made $3 million from a scam, and it has been reported that insiders are now selling off their shares. This statement seems to be misleading investors and could potentially violate Securities and Exchange Commission (SEC) regulations.
— scooter (@imperooterxbt) December 4, 2024
However, the backlash goes beyond hating.
A diverse group of investors such as single parents, students, and ordinary workers have shared urgent pleas beneath Welch’s social media posts, seeking either assistance or clarity.
The blockchain doesn’t lie, team has been selling tokens since this launched and there’s clear and irrefutable proof.
That’s the beauty of blockchain technology, every single token sold by the team has been recorded and is viewable by everyone.
Better start calling your…
— SlumDOGE Millionaire (@ProTheDoge) December 5, 2024
Regardless of any disputes, certain enthusiasts recognize and appreciate the constructive impacts that Welch has had, including her charitable efforts for animal shelters and orphanages, as well as her championing of mental health understanding and awareness.
Should definitive connections between Welch, her team, and the suspected manipulators of the wallets be established, there might be growing support for taking legal actions, possibly leading to imprisonment.
Whether Welch can clear her name and rebuild trust with her community remains uncertain.
Read More
Sorry. No data so far.
2024-12-09 20:39