Hawk Tuah Girl’s Meme Coin Faces Allegations of Rug Pull, Project Leads Deny Wrongdoing

Category: Cryptocurrency

Allegations of a rug pull have emerged against the HAWK crypto token shortly after its launch, which saw a rapid rise to $490 million in market cap before plummeting over 93%. A significant number of wallets sold off their holdings immediately, raising suspicions of insider trading. The HAWK team denies any wrongdoing, claiming the sell-offs are part of the tokenomics roadmap, while critics on Crypto Twitter accuse them of deception.

Keywords: HAWK token, rug pull, Crypto Twitter

Source: Decrypt

Update At: 12/6/2024

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