Hawk Tuah Girl Faces Backlash After Launching Meme Coin That Left Investors Losing Money

Haliey rose to internet fame this past summer due to her candid NSFW remarks about ‘what makes a guy go crazy in bed.’

The comment earned her the nickname ‘Hawk Tuah Girl’ and brought her significant social media attention.

Since then, she has amassed nearly three million followers on Instagram and even started her own podcast, expanding her reach further.

The cryptocurrency officially launched on December 4 and initially showed promising results.

HAWK coin’s market cap skyrocketed to a staggering $490 million at its peak.

However, the success was short-lived, as its value nosedived by an alarming 91% within just three hours, according to CoinTelegraph.

The coin’s valuation dropped dramatically to $41.7 million, leaving many investors frustrated and in financial turmoil.

Many reported losing significant amounts of money within minutes of purchasing the cryptocurrency.

One Twitter user shared that they had spent $35,000 on HAWK, only to see its value plummet to $2,000 shortly after.

“I am a huge fan of Hawk Tuah but you took my life savings,” they wrote, addressing Haliey directly on the platform.

“I purchased your coin $Hawk that you were so excited about with my life savings and children’s college education fund as well.”

Haliey Welch has received a lot of backlash in the wake of HAWK coin crashing@HalieyWelchX/Twitter

Elsewhere, a disgruntled user remarked: “So… it turns out the Hawk Tauh crypto meme coin was not a good investment.”

Several people have also accused Haliey of orchestrating a ‘rug pull,’ a term used in the crypto community to describe a fraudulent scheme where developers abandon a project and run off with investors’ funds.

Another added: “We live in a weird timeline. @HalieyWelchX aka “Hawk Tuah” girl using her popularity created a meme coin on Solana blockchain. Then rug pulled the investors. Is this legal?”

Some critics have gone even further, suggesting that Haliey should face legal repercussions for the incident.

A few angry voices have even stated outright that she ‘deserves to be in jail right now.’

In one tweet, she claimed: “Hawkanomics: Team hasn’t sold one token and not 1 KOL was given 1 free token,”

She also added: “We tried to stop snipers as best we could through high fee’s in the start of launch on @MeteoraAG. Fee’s have now been dropped.”

During the live stream, popular YouTube investigator Stephen ‘Coffeezilla’ joined the conversation and pressed Haliey about the allegations. He didn’t hold back, stating: “This is one of the most miserable, horrible launches I’ve ever seen. I’ve been tracing it on the chain for a while. You guys generated over a million dollars in fees, while your fans got rug pulled. There were snipers, but there was also insider trading directly linked to y’all’s creator accounts.”