Hawk Tuah Coin: Why celebrity-backed crypto is a dangerous investment

Image caption: Here’s a quick reminder after the launch of Hawk Tuah girl Hailey Welch’s crypto: Memecoins are a dangerous investment. Image credit: Michael Tullberg / Getty Images. Article by  Matt Binder.  Mashable – December 5, 2024.

Bitcoin has just hit $100,000. Buoyed by Donald Trump’s reelection and the promise of a pro-cryptocurrency administration, crypto investors are going all in on the digital currency. With the price of Bitcoin rising high, cryptocurrency is seemingly seeping back into the public consciousness after the crypto crashes of 2022. […]

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