Hailey Welch Releases Statement After Meme Coin Fiasco

As a fervent follower of the digital currency world, I have to say that Hailey Welch‘s journey has been quite a rollercoaster ride. From the viral fame of “Hawk Tuah girl” to the rapid rise and fall of her $HAWK meme coin, it’s clear that she’s no stranger to both the limelight and controversy.

As “Hawk Tuah girl,” or Hailey Welch, I initially gained notoriety with my catchy phrase, but lately, I’ve been under fire due to the crash of my meme coin, $HAWK. This unfortunate event has led to significant financial losses for many investors. I want to assure everyone that I am fully committed to working together and addressing this situation openly.

Hailey Welch’s statement about meme coin explained

Hailey Welch, popularly known as “Hawk Tuah girl” following a viral video in June 2024, used her account on X (previously Twitter) to speak about the sudden collapse of $HAWK, a cryptocurrency she launched on December 4 on the Solana blockchain. The coin saw an instant spike, attaining a market capitalization of $491 million, but it swiftly plummeted by a staggering 95% soon after.

On Friday, December 20th, Welch expressed on X that he regards the current situation very gravely. He wishes to communicate with his fans, affected investors, and the wider community. He’s fully collaborating with and is dedicated to supporting the legal team advocating for the affected individuals, as well as aiding in uncovering the truth, bringing those responsible to justice, and resolving this issue.

After experiencing a financial loss due to $HAWK, please reach out to law firm Burwick PLLC as requested by Welch. However, Binance clarifies that Burwick PLLC does not represent Welch. The law firm’s goal is to secure compensation for those affected and strive for the most favorable resolution possible.

On December 4th, Hailey Welch, also known as “Hawk Tuah girl,” stated on X that her team hadn’t sold any tokens and no Key Opinion Leader (KOL) was given one for free. Yet, a correction note contradicting this statement has since been posted to the original post.

Some people claim that the decline was caused by the actions of the snipers, who are known for acquiring large amounts of tokens when they become publicly available. The creators of $HAWK are currently facing a lawsuit in New York, where investors are seeking over $150,000 in damages, as reported by Binance.

To highlight, Hailey Welch (also recognized as “Hawk Tuah girl”) isn’t just active on social media platforms; she additionally manages the Talk Tuah podcast, which is supported by Jake Paul’s media entity, Betr.

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2024-12-23 22:10