Who quickly acquire and sell new coins in order to take advantage of volatility. Insider trading rumors have increased in response to data from bitcoin analytics platforms.
According to reports from Coinspeaker and Dexscreener, 80–90% of $HAWK’s original supply was held by snipers and insider wallets.
According to Solscanner, one wallet allegedly bought 17.5% of the token’s supply within seconds after introduction and sold it off within 90 minutes, making $1.3 million.
Let’s just say that folks are not content. On X, someone said, “I love Hawk Tuah, but you stole my life savings.”
They went on: “I used my life savings and my children’s college tuition money to buy your coin $Hawk, which you were really happy about.
Copy and pasting:
Hawkanomics:
Team hasn’t sold one token and not 1 KOL was given 1 free token
We tried to stop snipers as best we could through high fee’s in the start of launch on @MeteoraAG
Fee’s have now been dropped pic.twitter.com/E7xN9VmCrx
— Haliey Welch (@HalieyWelchX) December 4, 2024
