Hayley Welch, star of the viral “Taka Tua” video, faces backlash from supporters after launching a virtual currency called “Memecoin” that skyrocketed and crashed in just a few hours. I am doing it.
Welch, who debuted $HAWK on the Solana blockchain on Wednesday, is best known for appearing in on-the-street interviews. TikTok There she popularized the phrase “taka tua,'' which refers to sexual acts.
Prior to its release, Mr. Welch said, said It's fortunate that her meme coins (a term used to describe cryptocurrencies based on viral memes like her videos) are “not cash grabs.”
Nevertheless, some coin buyers are now reporting Welch's operations to authorities after $HAWK plummeted from a peak of $490 million to $29.1 million by Thursday morning. Quartz reported that he said that. reported DexScreener's data.
The Crypto Times reported a steep drop in value of around 94% and blockchain data revealing that insiders initially controlled 96% of the coin. reported Critics are now accusing Welch and his team of “insider trading” to pull investors out from under them.
User X quickly noticed that an investor had dumped $1.4 million worth of another meme coin, $MOODENG, into $HAWK, raising capital for just $46,000.
Coffeezilla, an anti-scam YouTuber with nearly 4 million subscribers, told his followers not to buy the coin, saying it would only benefit “insiders” and “trading bots.”
The investigative journalist then joined Welch and his team on X-Space, where he accused them of shady business.
In the space notes, which Welch has since removed from his page, Coffeezilla said: “This is one of the most gruesome and frightening launches I've ever seen. I was chasing it on a chain for a while.”
“You guys made more than $1 million in fees while your fans suffered.According to the Crypto Times, there were snipers, but also insider trading tied directly to your creator accounts. .
He later implied that Welch's meme coin would send insiders to his own prison “straight to the prison.” X space Summarize the drop.
Another popular crypto enthusiast who goes by @imperooterxbt on X said he has filed a report with the U.S. Securities and Exchange Commission (SEC) and encouraged others to do the same.
How can a person who didn't buy anything end up benefiting not just one person but many people by $300,000?…@HalieyWelchX You need an explanation…especially when the court and you stole the money. against people,” said another X user.
Others said Welch would have to “speak” to the judge.
In an interview with Fortune magazine, Welch said he previously believed cryptocurrencies were “just a scam” and “an easy way to lose money,” but he has since changed his mind.
When asked about what inspired her to launch Coin, the viral influencer said it was a “really good thing” and a “good way to interact with fans.”
Welch's manager Jonny Foster told the magazine: In a way, we've almost tokenized Haley's fan base. ”
