Hawk Tuah girl, whose real name is Hailey Welch, is surrounded by controversy after launching her meme coin, $HAWK, which initially skyrocketed before crashing significantly.
Despite Tuah's claims that 'no insiders were given early access' to $HAWK, the situation has been clouded by allegations and visible sell-offs from multiple insiders shortly after the launch.
Tuah took measures to prevent insider trading by implementing high fees during the launch, yet critics argued this wasn't enough to safeguard against the behavior that ensued.
As the meme coin $HAWK experienced a meteoric rise followed by an abrupt decline, it reflects the volatility that accompanies speculative investments in the crypto space.
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