Influencer-Backed HAWK Token Crash Raises Alarm Over Celebrity Crypto Endorsements
A cryptocurrency endorsed by influencer Hailey 'Hawk Tuah' Welch lost over 90% of its value within hours of launch, dropping from $490M to $26.4M. The dramatic collapse has intensified scrutiny of celebrity-backed digital assets and sparked calls for stronger investor protections.
Influencer's Cryptocurrency Collapse Sparks Legal Investigation and Investor Outrage
Social media personality Hailey Welch faces scrutiny from law firms after her $HAWK cryptocurrency crashed 95%, causing devastating losses for investors. The incident, which involved questionable token distribution and alleged pump-and-dump tactics, has ignited debates about celebrity crypto promotions.
Coffeezilla Exposes Troubling Launch of Viral Influencer's Memecoin
Cryptocurrency investigator Coffeezilla blasts the launch of Hawk Tuah's memecoin as 'horrible' after it crashed 91% following an initial 900% surge. The incident has sparked criticism from prominent internet figures and reignited concerns about celebrity-backed crypto projects.
Social Media Star's Crypto Venture HAWK Faces Legal Scrutiny After $440M Crash
Law firms are investigating potential legal action against influencer Haliey Welch after her HAWK cryptocurrency lost 88% of its value within 24 hours of launch. The dramatic collapse from $500M to $60M market cap has sparked accusations of a 'pump and dump' scheme.
Gen Z Leads Crypto Revolution: 34% Prefer Digital Currency Over Cash
A groundbreaking survey reveals Generation Z's strong preference for cryptocurrency, with 34% favoring digital currencies over traditional cash. The study highlights Gen Z's higher risk tolerance, social media-driven investment education, and projected wealth growth that could reshape the financial landscape by 2031.
Twitter Influencers and Memecoin Failures: New Study Reveals Alarming 76% Promotion Rate of Dead Tokens
A comprehensive analysis of 1,567 memecoins reveals that over 76% of Twitter influencers promote tokens that become worthless, with 90% losing 80% of value within one month. The study shows smaller influencers surprisingly outperform larger accounts, while promoters earn an average of $399 per tweet.