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Haliey Welch’s $HAWK Shows Why We Need Better Standards for Memecoins


Haliey Welch's memecoin, $HAWK, initially surged to a $491 million market cap but quickly fell under $20 million, sparking claims of a "celebrity rugpull." The project's mismanagement, lack of transparency, and high trading fees raised suspicions, highlighting the necessity for better standards and governance in the memecoin space.

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