Golf influencer Paige Spiranac takes on ‘Hawk Tuah Girl’ Haliey Welch amid memecoin controversy

Golf influencer Paige Spiranac learned a lesson today: stay far away from making a memecoin.

Haliey Welch, better known on social media as “Hawk Tuah Girl,” has capitalized on her recent fame in numerous ways, but her latest endeavor crashed and burned before it could even take off.

Welch launched his own cryptocurrency on Wednesday, and it had a pretty good run just hours into the launch, reaching a market cap of $490 million, according to Cointelegraph, who cited data from DexScreener.

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Haliey Welch appears at SiriusXM Studios on July 31, 2024 in Los Angeles. (Michael Tullberg/Getty Images)

But within hours, the coin known as Hawk dropped to just $41.7 million in valuation.

With controversy swirling around the coin, Spiranac wrote on X with a little jab at Welch and her team.

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“If I’ve learned anything, it’s to never release a memecoin,” the post read.

Honorary pace car driver Paige Spiranac poses for a photo on the grid before the NASCAR Cup Series Coke Zero Sugar 400 at Daytona International Speedway on August 24, 2024 in Daytona Beach, Fla. (Sean Gardner/Getty Images)

Bubblemaps, a website that analyzes data from the blockchain, found that a few people owned the vast majority of Hawk, leading to controversy about “snipers,” or investors who move quickly to buy a majority of new meme- tokens when they are launched.

Welch talked about it on X, saying that her team “tried to stop snipers as best we could through high fees at the start of the launch,” adding her insiders about the project had not “sold a token.”

Paige Spiranac attends the Sports Illustrated Swimsuit Celebration of the 2024 Issue Release and 60th Anniversary with Swimsuit Island on May 18, 2024 in Hollywood, Fla. (Alexander Tamargo/Getty Images for Sports Illustrated Swimsuit)

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The 22-year-old overnight celebrity told Fortune that Hawk was not meant to be a “money grab.” She said that while she used to consider cryptocurrency a scam, she changed her mind because it’s a “fun way to get my fans to interact.”

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