One person who successfully captured their viral moment this year is Hayley Welch, also known as Hawk Tua Girl. She's launched products, started a bizarrely successful podcast, and now has her own cryptocurrency. However, don't rush to invest in HAWK just yet. It's not that hot.
in Interview with luckWelch argued that memecoins are not “just a cash grab.” Phew. She told Business Magazine that she previously considered cryptocurrencies to be “just a scam,” but attended several conferences that opened her eyes. Now she thinks it's a “really good thing” and a “good way to interact with fans.” I'm by no means an expert on these things, but I don't know if a fan's experience investing in a memecoin should include seeing the memecoin plummet in value shortly after it's issued. No.
HAWK skyrocketed to a $500 million market cap at launch, and about 20 minutes later, it reached a $500 million market cap. plummeted below $60 million. That's bad. But if you invest in it and lose a lot of money, don't worry. Welch told Fortune that she doesn't consider this a “gambling.” “I think this is a fun way to interact with fans,” she said. Are you having fun yet?
