Hawk Tuah Girl's Memecoin Faces Backlash Amid Rug Pull Allegations

TL;DR
Hailey Welch, known as the "Hawk Tuah girl," launched a memecoin called HAWK on the Solana blockchain, which saw its market cap plummet from $490 million to $28.4 million within a day, sparking accusations of a rug pull. Welch denies her team sold any tokens, attributing the drop to market dynamics and high initial fees to deter snipers. Despite her claims of no cash grab intentions, the coin's purpose remains speculative, with no clear benefits for holders.
- Hawk Tuah Girl’s Crypto Project Accused of Rug Pull After Huge Sell-Off Gizmodo
- Golf influencer Paige Spiranac takes dig at 'Hawk Tuah Girl' Haliey Welch amid memecoin controversy Fox News
- ‘Hawk tuah’ girl Haliey Welch launches crypto memecoin—but insists it’s not a cash grab Fortune
- The 'Hawk Tuah' memecoin launch went just as poorly as you'd expect Quartz
- Sell that thang: Hawk Tuah girl faces ‘pump and dump’ allegations as crypto coin collapses hours after launch The Independent
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