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From Viral Fame To Crypto Scandal: The Rise And Fall Of "Hawk Tuah" Girl, Hailey Welch

In June 2024, Hailey Welch, a factory worker from Belfast, Tennessee, became an overnight sensation after a candid street interview in Nashville's Broadway district. Now, she’s embroiled in a high-profile cryptocurrency scandal, facing legal scrutiny and public backlash for the collapse of her $HAWK coin.

By Carmen Schober2 min read
TikTok/@Hay_welch

In June 2024, Hailey Welch, a factory worker from Belfast, Tennessee, became an overnight sensation after a street interview in Nashville's Broadway district. Her response to a question about sex, delivered in a thick Southern accent, quickly went viral, earning her the nickname "Hawk Tuah" girl.

Millions of memes flooded social media, capturing her Southern charm and “Hawk Tuah” pronunciation. Fans found her likable but many doubted her viral fame would endure, labeling her a fleeting internet sensation.

However, Welch’s opportunistic approach to capitalizing on her moment—signing deals, making $20,000 for podcast appearances, selling branded merchandise at Spencer's stores, and even throwing the first pitch at a New York Mets game—proved her critics wrong. Recognizing her appeal, Jake Paul's Betr Media offered Welch a podcast deal. In September 2024, she launched "Talk Tuah," a show characterized by unscripted conversations.

The podcast defied traditional formats, with Welch discussing topics ranging from her grandmother's cooking to dating advice. This approach resonated with audiences, propelling the podcast to #3 on Spotify's charts by its third episode.

However, Welch's venture into cryptocurrency has seriously marred her rising career. On December 4, she introduced $HAWK coin on the Solana blockchain. The cryptocurrency initially soared, reaching a $500 million market cap and a peak price of $0.00004028 within hours. Thousands of investors participated, but the coin's value plummeted by 95% just 20 minutes later.

Investigations by crypto analyst Coffeezilla uncovered the troubling details: According to him, 17% of the tokens were unlocked on the first day, with only 3% available to the public, leaving the majority in the hands of insiders. This structure led to significant financial losses for investors, including one grandmother who allegedly lost her $85,000 life savings and another individual whose investment dwindled from $1.4 million to $46,000.

When controversy erupted over the $HAWK coin’s collapse, Welch initially promised to address the issue directly in an X Space, a live audio discussion forum. Thousands of listeners tuned in, eager for an explanation or apology. However, Welch left the Space shortly after it began, stating she was going to sleep. The abrupt exit left investors and fans frustrated, intensifying speculation about her accountability and understanding of the cryptocurrency market.

The fallout from the $HAWK coin debacle has severely damaged Welch's reputation. Legal actions are underway, and the Securities and Exchange Commission may initiate an investigation. Some are saying this incident perfectly demonstrates the precarious nature of the creator economy, where authenticity fosters influence, but greed and excessive opportunism can lead to rapid downfall.

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