Joe Rogan's blunt view of Hawk Tuah girl Haliey Welch's failed meme coin By JAMES GORDON FOR DAILYMAIL.COM Published: 22:49 EST, 3 January 2025 | Updated: 23:21 EST, 3 January 2025 e-mail 5 View comments Joe Rogan has delivered an unsympathetic verdict on the fallout from Haliey Welch's failed cryptocurrency venture which is continuing to unravel in shocking fashion, with legal battles, investor losses, and harsh public scrutiny. Rogan offered a blunt perspective on the debacle during a recent episode of his podcast.
The $HAWK token, released on December 4, initially reached an eye-watering $490 million market cap but then nosedived by 90 percent within hours, leaving more than a dozen investors in financial ruin. Some claimed they lost their life savings, while others alleged deceptive practices by the token's creators. The group behind social media star's memecoin - which dramatically crashed just hours after its launch - are now being sued after failing to register the cryptocurrency.
Memecoins are types of cryptocurrency inspired by viral internet memes . They originally started out as a joke and were used for entertainment purposes, but have now ballooned in value in recent years. In this case, the investors said that adding that Welch's 'frenzied' marketing of the token only added to its raised appeal.
Better known as the 'Hawk Tuah Girl,' Haliey Welch's involvement included her promoting the coin with her name and likeness , but she quickly became a lightning rod for c.
