‘Hawk Tuah’ Creator Haliey Welch Criticized For Memecoin Launch After Price Crashes

Category: Cryptocurrency

Haliey Welch, known for her viral TikTok video, launched the Hawk Tuah memecoin on the Solana blockchain, which saw a rapid rise to $500 million market cap before crashing 95%. The launch faced backlash, with accusations of insider trading and speculation of a 'pump and dump' scheme. Welch, who gained fame over the summer, has since expanded her brand with a podcast and an AI dating app.

Keywords: Haliey Welch, Hawk Tuah, memecoin

Source: Forbes

Update At: 12/6/2024

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