Hawk Memecoin Price Crash: Did Hawk Tuah Girl Sell Off?
of being given free tokens. She also mentioned that they tried to prevent snipers by setting high fees during the initial launch on Meteora.
The suspicious activity surrounding the $HAWK token’s launch has caused serious concerns, with data from Bubblemaps indicating that insiders initially controlled 96% of the token’s supply. While that percentage has decreased to 79% since then, it has fueled allegations of market manipulation. Critics have accused the $HAWK team of stealing $2 million, resulting in significant losses for investors.
The controversy surrounding the token’s dramatic rise and fall has led to social media being filled with claims of insider trading and unethical practices. This situation has intensified the scrutiny on the $HAWK memecoin and raised questions about its legitimacy.
The recent events surrounding Haliey Welch and the $HAWK coin serve as a cautionary tale for investors in the cryptocurrency space. It highlights the importance of thorough due diligence before investing in any new cryptocurrency projects to mitigate the risk of potential scams and fraudulent activities. Stay updated with verified news sources and proceed with caution when considering investments in the volatile world of cryptocurrencies.
