Hailey Welch, dubbed the "Hawk Tuah girl," sparked a social media frenzy with her lighthearted remark about sleeping amid scam allegations. On December 4, 2024, Welch launched the $Hawk memecoin, which crashed within 20 minutes, fueling speculation of a rug pull scam, as reported by Hindustan Times.
During a discussion about the memecoin crash on The Hawk Truth Speaker table, the Hawk Tuah girl responded casually, stating that she was going to bed. This remark sparked widespread reactions on X, with many users suggesting that Welch may not fully grasp the gravity and potential repercussions of the situation.
"Maybe she still doesn’t realize the depth of the mess that has been created," one commented.
Moreover, numerous users on X mocked Hawk Tuah girl, suggesting that her primary focus appears to be profiting from her followers. Others criticized her, implying a lack of understanding of key performance indicators (KPIs) and the fundamentals of project planning.
"But other than that, it's totally not a scam. She cares so much about taking her followers money that she's going to bed," another commented.
"I like how all these people are grilling her like she’s an MBA and really ironed out her project plan, KPIs, and overhead cost analysis. Then it’s like, yeah no I’m going to bed," one more on X commented.
"it’s so funny cause she knows nothing about anything and they’re tryna pump it lol," a user on X.
"If you invested in a meme coin from a girl who calls herself “Hawk Tuah,” you deserve to lose your money," one more on X.
However, some users on X speculated that the voice heard during The Hawk Truth Speaker Table discussion might not belong to the Hawk Tuah girl, with many suggesting it could be AI-generated.
"Her voice sounds obviously like AI, has no one else noticed this?" a netizen commented.
"Wait, I thought that was a voiceover… this can’t be real 😩😂," one more on X.
"I mean she was tired lol," a netizen commented.
"15 minutes of fame is up," one more wrote.
As of now, Hailey Welch, also known as the Hawk Tuah girl, has neither addressed the online reactions nor confirmed whether the voice in question is hers.
Hawk Tuah girl’s memecoin crash leads to crypto market woes
On Wednesday, December 4, 2024, Hailey Welch entered the cryptocurrency market with the launch of her HAWK coin. The $HAWK coin was launched on the Solana blockchain.
The 22-year-old girl gained significant fame in July 2024 after appearing in the viral Tim & Dee TV YouTube videos, where her Hawk Tuah joke garnered widespread attention.
The $Hawk memecoin quickly gained popularity, with its market cap reaching $500 million shortly after launch, according to Coin Gape. Initially listed at $0.000007099, its price surged over 10 times before crashing within 20 minutes. The coin's market cap then dropped from $500 million to $60 million, with losses ranging from 50% to 91%.
According to Coin Gape, the crash occurred when the coin reached its all-time high (ATH), sparking fears among crypto investors of a potential collapse. This led to mass withdrawals, leaving other investors holding devalued tokens.
Despite the crash, the Hawk Tuah girl’s memecoin remained popular, surging by 168%, with a market capitalization of $210.71 million and trading volume of $431.39K.
Following the crash and the coin's ATH, Coin Gape suggests that insider trading may have contributed to the token’s rapid decline, fueling speculation of a scam.
On December 5, 2024, Burwick Law, a leader in crypto litigation, tweeted on X advising anyone who lost money on $HAWK to contact the firm to understand their legal rights. This has led to speculation that the Hawk Tuah girl may face lawsuits related to the alleged scam, as reported by Times Now News.
However, no further information has been released at this time.