Haliey Welch’s coin hit a market capitalization of nearly $500 million before quickly falling to $25 million.
Haliey Welch visits the Memory Motel in the East Village on July 12, 2024 in New York City. The “Hawk Tuah” girl’s meme coin plummeted 95 percent on Thursday, creating big losses for some traders, resulting in some accusing her of inside trading.
Haliey Welch, the woman, 22, for her viral TikTok video, launched her own meme coin, and it didn’t go well. She started the Hawk Tuah coin on the Solana blockchain Wednesday evening, according to reports.conversation with Welch and her team the Hawk Tuah rollout was “one of the most miserable, horrible launches I’ve ever seen.”about 80 to 90 percent of the Hawk Tuah supply was controlled by insiders or snipers, entities that purchase large amounts of a coin’s supply at its launch.
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