A new cryptocurrency called Hawk Tuah zoomed up in value, then crashed!
- A famous online person, Haliey Welch, helped launch it.
- It quickly became worth over $490 million, then lost most of its value.
- Investors are suing because they say they were tricked.
- Haliey says she was told it would be a good, long-term investment, but that wasn't true.
| Fact | Number |
|---|---|
| Highest value (market cap) | $490 million |
| Value after crash | $41 million |
| Percentage lost | 91% |
