Celeb tokens that burned bright, then burned out in 2024
2024 saw the birth of the "celebrity memecoin meta" with multiple public figures cashing in on their fame to launch memecoins, though many quickly fizzled out not long after launch.
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2024 saw the birth of the "celebrity memecoin meta" with multiple public figures cashing in on their fame to launch memecoins, though many quickly fizzled out not long after launch.
Crypto lawyers, Bitcoin hodlers and memecoin entrepreneurs were some of the biggest winners of 2024.
Hailey Welch, popularly known as the “Hawk Tuah Girl,” has been absent from public view for two weeks, igniting a wave of controversy surrounding her cryptocurrency project, the Hawk Tuah (HAWK) memecoin. Welch, who gained fame through her podcast “Talk Tuah,” last communicated with her audience by stating she was “going to sleep,” shortly before [...]
The post Memecoin Mayhem: Hawk Tuah Girl Hailey Welch Faces Lawsuit After 95% Crash appeared first on Crypto Breaking News.
A memecoin bearing Haliey Welchs likeness rose to a market capitalization of roughly $500 million after its launch on Dec. 4 before dropping by 90%.
The HAWK Token exhibits all the characteristics of an unregistered security under established legal precedent, litigants claimed.
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