While “HAWK,” a meme coin created by the Hailey Welch phenomenon, has nearly bottomed out in the two weeks since its release, Hailey Welch remains silent.

21-year-old Hailey Welch became popular with the phrase “hawk tuah” in one of her videos and suddenly became the main focus of hundreds of thousands of viewers and followers.

Token lost 95% value as mentioned

Hailey Welch, who soon started her own podcast show, posted HAWK, the token, on the Solana network about two weeks ago. On the day of its listing, we inform you that such meme coins do not last long and hence you should stay away. In this news We have switched.

The situation was not much different. When HAWK was listed on December 4th more than 95% of its value in one day lost.

Investors sue Hailey Welch

so that Many investors have appealed to the courts through their lawyers and that their losses “resulted from the illegal promotion and sale of the cryptocurrency memecoin Hawk Tuah, known as the “$HAWK” token (“Token” or “$HAWK”), which Defendants acquired without proper registration offered and sold publicly. ”

It is currently unclear what the future of Hailey Welch and her token HAWK will be, but let us once again remind you to stay away from such meme coins.