Cryptocurrency
Following news of the closed investigation, the price of HAWK reportedly jumped by 25% on the decentralized exchange Meteora. Recent data shows the meme coin has a market cap of approximately $4 million with $333,000 in trading volume over a 24-hour period https://australiancasinolist.com/.
Fans and investors have accused Ms Welch and her team of « misleading » and « betraying » them and suggested the launch had been a « rug pull » – where promoters of a cryptocurrency draw in buyers, only to stop trading activity and make off with money raised from sales.
Welch, who became an internet sensation in mid-2024 after a viral street interview about bedroom techniques, had been under investigation following the dramatic rise and fall of the meme cryptocurrency associated with her persona.
“I take this situation extremely seriously and want to address my fans, the investors who have been affected, and the broader community,” Welch said. “I am fully cooperating with and am committed to assisting the legal team representing the individuals impacted, as well as to help uncover the truth, hold the responsible parties accountable, and resolve this matter.”
Pi network cryptocurrency
Pi Network is a social cryptocurrency, developer platform, and ecosystem designed for widespread accessibility and real-world utility. It enables users to mine and transact Pi using a mobile-friendly interface while supporting applications built on its blockchain ecosystem. Pi has over 60 million engaged users with over 19 million identity-verified (through its native KYC solution) and over 10 million migrated to its Mainnet.
Looking for how to buy Pi Network? The process is straightforward and hassle-free! You can easily purchase Pi Network on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.
Since its open mainnet launch back in February 2025, Pi Network has built a strong community of over 60 million users. However, it’s also faced a fair share of challenges. The project has struggled with low liquidity, weak transaction activity, and the lack of smart contract features — which are crucial for building decentralized apps on any blockchain.
The Maximum Supply of Pi is 100 billion tokens. The Maximum Supply is comprised of the following: 65 Billion tokens (or 65%) are allocated for all community mining rewards; 10 billion (10%) are allocated for foundation reserves; 5 billion (5%) are allocated for liquidity purposes; and 20 billion (20%) are allocated for the Core Team. Each allocation mentioned above tracks the community Migrated Mining Rewards issuance pace, so the proportions of each allocation in the total supply remains the same at any given time.
While the project maintains an active development schedule and engaged community, the numerous controversies and delays suggest cautious optimism may be warranted. Potential participants should conduct thorough research and understand the risks before committing significant time or resources to the platform.
Hawk tuah girl cryptocurrency lawsuit
Scott Armstrong was reacting to online comments by Welch, an internet personality, after the crash of the Hawk Tuah memecoin, which lost more than 95 percent of its value in a single day when it was launched on December 4. A memecoin is a type of cryptocurrency that is typically launched on the back of a popular internet meme or recurring joke.
However, the token’s value plummeted just as rapidly as it had risen. Within minutes of reaching its peak, $HAWK crashed by over 90%, reducing its market cap to around $60 million and leaving many investors with massive losses.
Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com
Billionaire investor Mark Cuban has stepped in to defend Welch through the aftermath. “It wasn’t something she fully understood,” he said during a podcast with The Washington Post‘s Jules Terpak. “But she trusted the people around her.”
Scott Armstrong was reacting to online comments by Welch, an internet personality, after the crash of the Hawk Tuah memecoin, which lost more than 95 percent of its value in a single day when it was launched on December 4. A memecoin is a type of cryptocurrency that is typically launched on the back of a popular internet meme or recurring joke.
However, the token’s value plummeted just as rapidly as it had risen. Within minutes of reaching its peak, $HAWK crashed by over 90%, reducing its market cap to around $60 million and leaving many investors with massive losses.
Cryptocurrency prices
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Cryptocurrency was invented by Satoshi Nakamoto, which is the pseudonym used by the inventor of Bitcoin. Even though digital currency concepts existed before Bitcoin, Satoshi Nakamoto was the first to create a peer-to-peer digital currency that reliably solved the issues facing previous digital money projects. Bitcoin was initially proposed in 2008 and launched in early 2009. Following the invention of Bitcoin, thousands of projects have attempted to imitate Bitcoin’s success or improve upon the original Bitcoin design by leveraging new technologies.
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