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We Are Shocked to Hear That the Hawk Tuah Girl's Foray Into Crypto Was Allegedly a Pump and Dump Scheme

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Another year, another memecoin pump and dump. Influencer Haliey Welch, who rose to fame as the "hawk tuah" girl earlier this year, launched a eponymous memecoin on Wednesday. Why? We're still not entirely sure,
The article discusses the controversy surrounding Hailey Welch, known as the "Hawk Tuah Girl," who became an internet sensation after a viral street interview. Recently, she ventured into the cryptocurrency space with a coin named "Hawk Tuah Coin." However, this move has been criticized as a potential "pump and dump" scheme, where the value of the cryptocurrency is artificially inflated through promotion, only for the creators to sell off their holdings at the peak, leaving other investors with significant losses. The article expresses shock and disappointment over this development, highlighting the risks associated with celebrity-endorsed cryptocurrencies and the potential exploitation of Welch's sudden fame. It also touches on the broader implications of such schemes in the volatile crypto market, urging caution among investors.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/entertainment/celebrities/we-are-shocked-to-hear-that-the-hawk-tuah-girl-s-foray-into-crypto-was-allegedly-a-pump-and-dump-scheme/ar-AA1vlbev ]