Paige Spiranac appeared to throw shade at Haliey Welch following the latter’s meme coin launch, which has turned out to be a disaster.
Welch’s $HAWK cryptocurrency went live on Wednesday, hitting a market cap of $490 million before crashing to a reported $36 million in just a few hours.
The drastic drop in price cost investors a lot of money, while Welch and her team have been accused of ripping everyone off and making away with around $50 million in profit. According to Bubblemaps, 80-90 percent of the coin was owned by a small number of wallets, which dumped it shortly after it touched the aforementioned, leaving hopeful investors holding a mostly empty bag.
Spiranac has weighed in on the possible scandal, taking to X to tweet, “If I’ve learned anything, it’s to never release a memecoin.”
“but think of how much money you could make???” someone joked in the comments.
“Damn, I was holding out to buy a Spiranac coin!” another quipped.
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“If I’ve learned anything, it’s never to buy something that doesn’t really exist,” said a third.
Haliey Welch Hasn’t Come Off Looking Great Here
Meanwhile, Haliey has denied having set out to con her fans.
“Hawkanomics: Team hasn’t sold one token and not 1 KOL was given 1 free token,” she wrote in a tweet. “We tried to stop snipers as best we could through high fee’s in the start of launch on @MeteoraAG. Fees have now been dropped.”
It doesn’t appear that anyone believes her. And she didn’t make things any better after hopping on Spaces just to tell everyone she was going to bed following a long wait for a proper explanation.
