Be Cautious When Buying Tokens Launched by Celebrities!
Celebrity @HalieyWelchX launched the $HAWK token, which soared to a market cap of over $450M within 5 minutes of launch. However, it quickly plummeted by 92.5%.
The team controls ~85% of the supply, and many investors have suffered significant losses on $HAWK!
One trader spent 551 $SOL($132K) to buy 2.75M $HAWK but sold for only 69.5 $SOL($16.7K), losing 481.5 $SOL($115.5K).
Despite this, the trader didn’t learn the lesson and spent another 74 $SOL to buy 3.77M $HAWK, only to sell for 66.6 $SOL, incurring an additional loss of 7.4 $SOL($1.8K).
https://t.co/un1QiM8D21



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