🧨 The Legend That Burned: How the Meme Coin $HAWK Fell by 90% and Disappointed Investors

The meme coin $HAWK, created around a popular internet personality, initially caused a real sensation — its market capitalization soared to nearly half a billion dollars. A huge wave of support from fans and the community gave the project a crazy start.

But behind the shine and hype were significant problems:

• Lack of a transparent team and a clear development roadmap.

• Weak technical foundation and lack of real utility from the token.

• Market manipulation and aggressive marketing that created the illusion of growth.

• Whales massively sold tokens, causing a rapid price drop.

As a result, just a few months later, $HAWK collapsed by more than 90%, leaving investors with serious losses. Most who entered at the peak lost significant funds. After that, lawsuits and investigations began, further undermining trust.

This case is a vivid example of how hype-driven projects without fundamentals can quickly burn out, even having enormous initial potential.

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