đš Brutal Nature of Meme Coins - How Haliey Welch Promoted $500 million Scam
In December 2024, Haliey Welch promoted, helped launch $HAWK on Solana. This memecoin pumped to a peak market cap of around $490-500 million shortly after launch due to hype.
Then crashed dramatically, dropping over 90-95% within hours. A clear example of pump and dump play.
Thatâs the brutal reality of memecoins, unrealized gains mean nothing if you donât secure profits. Millions can vanish in minutes when liquidity disappears and everyone rushes for the exit. Before getting involved in memecoins ensure you understand the risks.
Stay safe guys!