‘Hawk tuah girl’ Haliey Welch’s coin fails amid new wave of hype around crypto-related assets
It is a parable for the attention economy. A celebrity created entirely by social media, “hawk tuah girl” Haliey Welch, helps launch a crypto asset that stokes a viral frenzy and then flames out.
The Hawk memecoin was worth $490m (£385m) hours after it launched on 4 December but now has a market capitalisation – the value of all Hawk coins in circulation – of $17m.
Continue reading… ‘Hawk tuah girl’ Haliey Welch’s coin fails amid new wave of hype around crypto-related assetsIt is a parable for the attention economy. A celebrity created entirely by social media, “hawk tuah girl” Haliey Welch, helps launch a crypto asset that stokes a viral frenzy and then flames out.The Hawk memecoin was worth $490m (£385m) hours after it launched on 4 December but now has a market capitalisation – the value of all Hawk coins in circulation – of $17m. Continue reading… Cryptocurrencies, TikTok, Technology, Financial sector, Business, Social media, Digital media, Media, US news
