Joe Rogan weighed in on the disastrous ‘Hawk-Tuah‘ launched meme coin – arguing that some people who lost huge sums of money should have been more careful with their investment.
In one of the biggest stories involving content creators last year, the team behind the failure even The $HAWK token, led by Hailey Welch, has already responded to backlash after the cryptocurrency completely bombed.
It is understood that the $HAWK token has been the victim of a “pull pull”, where snipers who buy the asset where it is cheaper and instantly resell it where it is more expensive end up making a profit. huge profit. according to CoinMarketCap.
Speaking on the most recent episode of his podcast – which recently lost its place at the top of the Spotify charts – Rogan had a pretty frank assessment of the people who lost big when crypto launched.
The Joe Rogan Experience/Spotify/Hailey Welch/Instagram
Rogan said, “A guy invested a million dollars. Imagine, ‘Hawk Tuah girl? Yeah, that’s a good investment. Seems like a good place to put my nest egg.'”
Speaking about the nature of the meme coin controversy, the podcaster added: “It’s probably because of some people she’s invested in and she probably doesn’t understand all of that. She’s only 22 or something thing like that. It was probably the partners who went with her. They pumped her up and pounced on her, then she ended up with the bill because no one knows who they are, I don’t know.
Rogan then talked about the 12 people who are suing Welch and his team for $151,000, saying, “Isn’t it weird that there are only 12 people and they only lost $151,000 $ in total?”
It comes after streamer Asmongold – who has over 3.5 million followers on Twitch and 3 million YouTube subscribers – hit out at the so-called ‘rug pull’ and claimed it would be the “end” of Welch’s career.
The $HAWK token was widely publicized and quickly reached a market cap of $490 million when it launched on December 4, but it completely crashed within hours and lost around 95% of its value. This collectively cost the people who purchased the cryptocurrency millions.
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