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US News Today Live Updates on December 6, 2024 : Hailey Welch’s $HAWK meme coin hits $500M, then dips 88% to $60M in minutes

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06 Dec 2024, 12:06:45 AM IST

US News Today Live: Hailey Welch’s $HAWK meme coin hits $500M, then dips 88% to $60M in minutes

  • Hailey Welch’s $HAWK meme coin launched on December 4, soaring to $500 million before crashing 88% to $60 million. The 22-year-old influencer is now accused of orchestrating a ‘pump and dump’ scheme, though she denies insider trading and explains attempts to prevent early manipulation.

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