{"id":144193,"date":"2024-12-07T19:00:38","date_gmt":"2024-12-07T17:00:38","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144193"},"modified":"2024-12-07T13:44:16","modified_gmt":"2024-12-07T11:44:16","slug":"coffeezilla-debunks-misinformation-surrounding-hawk-tuahs-memecoin-launch","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/coffeezilla-debunks-misinformation-surrounding-hawk-tuahs-memecoin-launch\/","title":{"rendered":"Coffeezilla Debunks Misinformation Surrounding Hawk Tuah’s Memecoin Launch"},"content":{"rendered":"

Following a wave of online claims, Coffeezilla took to social media on December 6 to set the record straight and clarify key details.<\/p>\n

Coffeezilla addressed<\/a> <\/strong>the exaggerated rumors that Welch had pocketed millions. \u201cStop with the insane headlines,\u201d he wrote, debunking claims that she had stolen $500 million or earned $50 million from the HAWK token launch. While acknowledging some controversy, including suspicions about insider trading and alleged \u201csnipers\u201d profiting from the presale, Coffeezilla emphasized that the actual situation was more nuanced.<\/p>\n

He explained that the team behind the coin had presold a few million tokens to key strategic partners, but many of these tokens were sold off early, triggering a rapid price drop after the launch. Coffeezilla also commented on the uncertain financial outcomes from the presale, although he noted that, according to Welch\u2019s lawyer, the influencer had only earned around $125,000 so far, with further funds locked up for a year.<\/p>\n