Crypto News

Is the Hawk Tuah Girl Still Asleep? Hailey Welch MIA After Meme Coin Collapse

Written by kupau

It’s been 13 days since Hailey Welch, aka the “Hawk Tuah” girl, said she was logging off and going to sleep amid furious backlash to her meme coin rollout. But now that her launch partners are starting to blame each other over the token’s disastrous debut, will she finally wake up? 

The day that Welch’s HAWK meme coin pumped and dumped earlier this month, eliciting widespread claims of rug-pulling and insider collusion, the influencer told an irate X Spaces audience of holders that she was going to bed and would “see you guys tomorrow.” 

Welch has since not made a single post across her usually active X, Instagram, and TikTok accounts. It’s been almost two weeks. 

But one group involved in HAWK’s calamitous creation is now finally speaking out. 

OverHere, a crypto site that currently lists HAWK as its only product, posted an X thread late Monday titled “The Truth,” seeking to clarify the group’s role in the token’s troublesome rollout. 

Back on December 4, OverHere dismissed concerns about HAWK—which crashed to near-zero because a group of interconnected wallets dumped vast sums of the token as soon as the public began buying it—as “FUD,” crypto parlance for baseless rumors designed to cause needless “fear, uncertainty, and doubt.” 

Now, OverHere is singing a much different tune, claiming those concerns were entirely valid… but it’s not their fault.

OverHere said on Monday that the group took zero fees from HAWK and made zero profit on the project, but ultimately became the chief architect of the token because another mysterious figure connected to Welch—”Doc Hollywood,” an individual who has since locked their X account—was supposed to design it all but “vanished when things got hard.”

The OverHere team says that these issues with Doc Hollywood created a situation where the token under-delivered on key promises at launch.

The group stopped far short of calling the project a rug pull, though, pointing to “transparency” as the key shortcoming that Hollywood and Welch herself failed to deliver on. 

In some attempt at accountability over the fiasco, OverHere said that it did make mistakes—but only by trusting the wrong partners, attempting to fix their mess, and not speaking out sooner. 

The group ended their appeal by asking Welch to come forward and repair the situation with “truth, transparency, [and] trust.” 

In the almost 24 hours since OverHere posted their statement, Welch has remained radio silent across all social channels. Her representative also did not immediately respond to Decrypt’s request for comment. 

She must still be sleeping.

Edited by Andrew Hayward

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2024-12-17 20:47:08

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