In a recent development within the world of cryptocurrency, Haliey Welch, popularly known for her online persona as the ‘Hawk Tuah Girl,’ launched a new memecoin that has garnered significant attention and backlash. The launch event for the ‘Hawk Tuah’ memecoin took place on December 4, 2024, on the Solana blockchain, aiming to tap into the burgeoning crypto market as she attempts to capitalize on her viral fame. Welch’s team, consisting of 11 members, described the coin as ‘a tribute to the resilience and positivity that the Hawku community represents.’ However, the event has not been without controversy, as critics have pointed out the chaotic nature of the launch, which involved a rather bombastic live stream and unpredictable trading. Forbes reported that during the launch, Welch stated, ‘We want to create a fun, community-driven coin that empowers our followers to explore the crypto world.’ Despite her enthusiastic proclamations, many investors voiced concerns regarding the lack of transparency and planning surrounding the memecoin, leading to steep volatility immediately following the launch. The memecoin quickly dropped from a peak price of $0.0025 to as low as $0.0007, causing frustration among early adopters. Welch, addressing the critiques during a follow-up Q&A session, emphasized the importance of community engagement, claiming, ‘We are learning and growing together.’ The launch has spurred wide-ranging discussions across social media platforms, amplifying both interest and skepticism about the future of the Hawk Tuah memecoin in the competitive cryptocurrency landscape.
Haliey Welch Launches Controversial ‘Hawk Tuah Girl’ Crypto Memecoin
