Hawk Tuah Girl Memecoin Scam: Youtube Investigator Claims ‘She Didn’t Rug $50M’

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As a seasoned crypto investor with over a decade of experience in this wild and unpredictable market, I’ve seen my fair share of scams, rug pulls, and memecoins that were more hype than substance. The Hawk Tuah Girl memecoin saga is one of those stories that make me shake my head in disbelief.

Recently, well-known TikTok personality Hailey Welch shared clips about introducing a new meme coin. But, the enthusiasm quickly turned into controversy and legal warnings when the token plummeted in value just hours after launch due to widespread selling. Some people accused this of being insider trading, but the Hawk Coin team insists it was “the snipers.” Regardless, those who held the coin suffered significant losses as they watched their entire investment disappear. However, a well-known YouTube investigator named Coffeezilla recently unveiled an entirely new perspective on the Hawk Tuah Girl memecoin scandal, suggesting that the reality might be quite different from what many believe.

Hawk Tuah Girl Memecoin Scam Didn’t Rug $50M But $3M

The scheme involving the Hawk Tuah Girl Memecoin unfolded as its price and market value peaked dramatically on December 4 only to plummet a staggering 91% within just three hours. An analysis of blockchain data showed a large-scale dumping of tokens by the coin’s major holders, leading to speculation of insider trading. Furthermore, Bubblemaps reports indicated that an overwhelming 96% of the Hawk meme coin supply is tightly connected and concentrated in a single location, contributing significantly to the mass selling.

As a researcher delving into the intricacies of the Hawk Tuah Girl memecoin, I’ve noticed varying perspectives regarding the alleged earnings made by Hailey Welch, estimated to be around $50M by certain analysts like Nirsex. Yet, this claim is disputed, as a YouTube investigator states that she did not walk away with such a substantial amount. However, it’s essential to note that this doesn’t necessarily debunk the existence of a scam. In fact, concerns have been raised about the tokenomics of the memecoin, with investors suggesting that there was indeed some form of deceptive practice at play.

Via a social media post on X and a 24-minute YouTube video, Coffeezilla, the YouTuber, alleged that she earned half a billion dollars but only took home approximately one million dollars in fees, possibly through deceit. The majority of her income may have come from scamming.

Can yall stop these insane headlines.
She didn’t rug for 500M and she didn’t profit $50M. FFS.

A small number of millions were pre-purchased by our strategic consultants, who then resold promptly.

— Coffeezilla (@coffeebreak_YT) December 6, 2024

Breaking Down Coffeezilla’s Report on Hawk Coin Scam

YouTube sensation Coffeezilla, boasting 638k followers, engaged in a live stream titled “The Hawk Truth” with the team behind the well-known Solana memecoin, Hawk Coin. During this broadcast, he interacted with key figures associated with the Hawk Girl coin project, including Hailey Welch, Howie Mandel, and someone overseeing the token management. Unfortunately, the stream didn’t reach a definitive conclusion as the team seemed unable to address Coffeezilla’s queries adequately, prompting him to express doubts about the project due to insufficient answers provided.

I find this token’s economics structure to be incredibly poor, bordering on deceptive, which is my personal viewpoint.

Presale Led To Mass Selling

As an analyst, I’ve recently delved into the intricacies of the Hawk Tuah Girl memecoin scandal, a subject I tackled in a comprehensive 24-minute video on YouTube. The crux of the matter lies in the way the Hawk coin team managed their distribution strategy. Specifically, they only allocated a mere 3% to the Meteora pool while leaving a significant 17% allocation unlocked from day one. This arrangement facilitated early access for select individuals, allowing them to make substantial profits by quickly jumping into and out of the market.

“It seems that you’ve distributed 3% of the total tokens to Meteroa, even though 17% were unlocked on the first day from your strategic allocation. Are you finding this strategy sane? I’m curious about your expectations for the outcome when your internal team members receive their tokens.

Essentially, what’s most noteworthy is that our team conducted a presale, as per Bubblemaps’ report, which saw the sale of millions of tokens to a total of 285 investors. Interestingly, among these investors, 89 wallets offloaded their entire Hawk coin holdings, while 47 wallets sold more than half of their holdings. In contrast, 19 wallets disposed of less than half, and the remaining 130 continue to hold onto the token.

1/ We found that 285 investors joined $HAWK presale

• 89 wallets sold 100%
• 47 wallets sold ≥ 50%
• 19 wallets sold < 50%
• 130 wallets sold 0

Total sold: $3.3M

↓

— Bubblemaps (@bubblemaps) December 5, 2024

According to the investigator on YouTube, who looked into the matter, his findings from analyzing the blockchain matched the statistics, leading to the token’s crash. As a result, one crypto trader suffered a loss of $1.4 Million in merely 15 minutes because they invested just before the token plummeted by an alarming 91%.

Trading Fees Scam

Dexscreener data indicates that the biggest sniper has made $1.3M in profits.  However, the Hawk coin team made the biggest profit even without the Hawk Tuah Girl memecoin scam as they introduced heavy trading fees of 15%, making almost $3M within 24 hours of the launch.

Throughout their career, Coffeezilla alleged that they amassed millions in fees, leaving fans feeling deceived, not only by external parties but also internal ones. He pointed out that on-chain data suggests direct transactions from the main account, which could imply insider trading. However, the team chose to address the accusations indirectly, playfully stating they wouldn’t part with their assets for just $50,000.

Despite the steep charges, it turned out these were necessary for the operation of the project. Previously, on another post, Haley suggested these high fees aimed to deter mass selling by snipers, but it appears this measure was ineffective.

Concluding Findings on the Hawk Tuah Girl Memecoin Scam

Essentially, Coffeezilla’s allegations suggest that the Hawk Tuah team has earned approximately 2.8 million dollars through trading fees, which raises concerns of a potential scam. The team allegedly deceived their audience, who were primarily Hailey Welch’s followers and lacked extensive crypto knowledge. Transparency issues have been raised because the team did not admit their errors, most notably selling Hawk coins before the launch, causing an excessive sell-off. Additionally, there are concerns about accountability due to the ambiguity surrounding the ownership of the project’s profits. It’s also worth noting that Coffeezilla questions Hayley Welch’s role in the Hawk Tuah Girl memecoin scandal, particularly regarding her claimed earnings of 50 million dollars.

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2024-12-07 16:44