The $HAWK Debacle: Why Web3 Needs Stricter Standards for Memecoins
The story of Hawk Tuah, also known as Haliey Welch, serves as a prime example of the perils of merging celebrity influence with the largely unregulated world of cryptocurrency. Initially, Welch leveraged her internet fame into a substantial media presence, boasting 230,000 Instagram followers, lucrative brand partnerships, and a successful podcast called Talk Tuah. However, the launch of her meme…
Dec. 12, 2024, 10:06 p.m.