People in the cryptospace were in an uproar after investing in the Hawk Tuah girl's new coin. This incident has sparked intense discussions and investigations. The real name of the Hawk Tuah sensation is Haliey Welch, who rose to viral notoriety earlier this year and aimed to capitalize on her newfound fame by entering the cryptocurrency industry with her own meme coin called $HAWK. However, the coin's value plummeted within 20 minutes of its launch, leaving investors disappointed and claiming they were rug pulled.

YouTube Investigator's Claims

YouTube investigator Stephen 'Coffeezilla' decided to confront Welch and her team about the coin. In a live stream, he stated that this was one of the most miserable and horrible launches he had ever seen. He traced the transactions on the chain and found that the team generated over a million dollars in fees while leaving fans with worthless coins. He also claimed that there were snipers and insider trading directly linked to the creator accounts. In a subsequent YouTube video, he broke down what he believed happened and reiterated his claim that they actively scammed people out of their money.

Analysis of the Tweet

A big tweet by Bubblemaps showed that 96 percent of the supply was controlled by the team and being sent to smaller wallets, raising suspicions of dumping. Haliey Welch's team initially claimed that they hadn't sold any tokens and that only one KOL was given a free token. They said they tried to stop snipers by setting high fees at the start of the launch. But Coffeezilla insisted that Welch's team was lying by omission as they had presold the tokens and those investors then dumped on the fans.

Defense from Haliey Welch

Haliey Welch denied the accusations and defended her and her team's actions during a live stream on Twitter. She tweeted that the team hadn't sold one token and no KOL was given a free token. They had tried to stop snipers by increasing fees at the start of the launch on @MeteoraAG, and the fees have now been dropped.UNILAD has approached Haliey's reps for comment, and the situation remains unresolved. The cryptocurrency market is known for its volatility and uncertainties, and this incident has added another layer of complexity. Investors are now left wondering about the true intentions and actions of the Hawk Tuah team. It remains to be seen how this story will unfold and what lessons will be learned from it.