Why Hawk Tuah girl's Hawkcoin ($HAWK) crashed so soon December 09, 2024 at 02:06AM

Analysis from platforms like Bubblemaps and Dexscreener revealed that 80% to 90% of Hawkcoin's supply was controlled by a small group of wallets at launch. This uneven distribution made the coin vulnerable to massive sell-offs by these major holders, triggering a rapid devaluation.