How Hailey Welch’s $HAWK Token Became a $500M Disaster
The launch of the Hailey Welch-backed $HAWK memecoin was one of crypto’s most dramatic stories in 2024. Within hours, the token soared to a $500 million market cap before collapsing by 95%, erasing millions of dollars. Welch, a viral internet personality famous for her “hawk tuah” catchphrase, leveraged her