Paige Spiranac takes swing at ‘Hawk Tuah Girl’ over memecoin controversy
'If I’ve learned anything, it’s to never release a memecoin'
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There will be a lot of people who learn a lesson from the latest cryptocurrency coin disaster and one of them is everyone’s favourite golf influencer.
Paige Spiranac fired a somewhat-veiled shot at Hailey Welch — better known as the Hawk Tuah Girl — on Thursday after the latter’s memecoin tanked almost immediately after its launch.
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Paige Spiranac takes swing at ‘Hawk Tuah Girl’ over memecoin controversy Back to video
As Spiranac put it in a post on X: “If I’ve learned anything, it’s to never release a memecoin.”
Spiranac’s followers chimed in on the dig, mostly agreeing with her statement.
“I’ve learned never to invest in a memecoin,” one user wrote.
“Anyone who bought crypto released by a person called Hawk Tuah is making grilled cheese at night,” another user replied.
“She’s gone from a bit of an internet darling to public enemy No. 1 overnight. Least she secured the bag I guess,” a third user wrote.
Welch has capitalized on her recent fame after going viral for coining the phrase “Hawk Tuah” in a social media post earlier this year.
But her latest attempt at cashing in on her 15 minutes of fame crashed and burned.
Welch on Wednesday launched her own cryptocurrency, which had a good initial surge before cratering.
According to Yahoo Finance, “Hawk Tuah” digital coin hit a US$490-million market cap, before suddenly losing more than 95% of its value within hours to just $41.7 million in valuation.
As of Friday morning, its value had sank even further with a market cap of under $33 million and trading at roughly five cents per coin.
Bubblemaps, a site that analyzes data from the blockchain, found a few people owned the vast majority of the cryptocurrency, which led to controversy about “snipers” — investors who buy a majority of new meme tokens at launch.
Welch commented on the claim on X, saying her team “tried to stop snipers as best we could through high fees in the start of launch,” adding her insiders on the project had not “sold one token.”
She also claimed that no “KOL” (key opinion leaders) were gifted free tokens.
However, in the community notes on the social media platform, Welch was hilariously corrected.
“The ‘team’ and insiders have actually been selling their token since launch,” the note below the post reads.
“A majority have never purchased anything and have only sold the tokens they were given.”
“Hailey is lying and will likely have to ‘talk tuah’ judge about this.”
Stephen Findeisen, who goes by the handle Coffeezilla and is widely known for his YouTube cryptocurrency investigator, also claimed that Hawk gave “insiders” an advantage.
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“Unfortunately with situations like this, they’re not targeting crypto bros, they’re mostly targeting actual fans who have never been involved in the crypto space before,” he said in a video viewed more than 1.6 million times as of late Friday morning.
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