{"id":3905,"date":"2025-05-15T21:15:20","date_gmt":"2025-05-15T14:15:20","guid":{"rendered":"https:\/\/promtc.com\/Promtc\/?p=3905"},"modified":"2025-05-15T21:15:20","modified_gmt":"2025-05-15T14:15:20","slug":"pi-network-cryptocurrency","status":"publish","type":"post","link":"https:\/\/promtc.com\/Promtc\/pi-network-cryptocurrency\/","title":{"rendered":"pi network cryptocurrency"},"content":{"rendered":"<ul>\n<li><a href=\"#part1\">Hawk tuah girl cryptocurrency<\/a><\/li>\n<li><a href=\"#part2\">Cryptocurrency prices<\/a><\/li>\n<\/ul>\n<h1>Pi network cryptocurrency<\/h1>\n<p>It took two weeks for Welch to address the fiasco again. On Friday, she posted on X, acknowledging that a class action lawsuit was in motion. But the suit only names Schultz and So, along with overHere and the Caymans-based Tuah the Moon Foundation <a href=\"https:\/\/best-australian-casino.org\/reviews\/neospin\/\">https:\/\/best-australian-casino.org\/reviews\/neospin\/<\/a>. \u201cI take this situation extremely seriously and want to address my fans, the investors who have been affected, and the broader community,\u201d Welch wrote. \u201cI am fully cooperating with and am committed to assisting the legal team representing the individuals impacted, as well as to help uncover the truth, hold the responsible parties accountable, and resolve this matter.\u201d She advised those who had lost money on $HAWK to contact Burwick Law, the firm that filed the suit against Schultz and So, and advertised its services on X in the immediate aftermath of the coin crash.<\/p>\n<p>Welch brought an abrupt end to the X Spaces by saying \u201cAnyhoo, I\u2019m gonna go to bed.\u201d This was the start of more than two weeks of silence, prompting the meme that she had fallen into a very deep sleep.<\/p>\n<p>The Tennessee native, who shot to viral fame after her candid street interview garnered millions of views on YouTube, seems ready to put this chapter behind her. Sources told TMZ that she\u2019s \u201ctotally done\u201d with the meme coin business.<\/p>\n<p>Named in the suit are: Tuah The Moon Foundation, which was used to handle money taken in from the sale of the meme coin, and the coin&#8217;s creator, OverHere Ltd and its executive, Clinton So and the meme coin&#8217;s Los Angeles-based promoter, Alex Larson Schultz.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/YhxtRWIXDo10cZ950MDynQ--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-\/https:\/\/media.zenfs.com\/en\/fastcompany_735\/0d759d775f8b335b403c2dfb25ed628e\" alt=\"hawk tuah girl cryptocurrency\" \/><\/p>\n<h2 id=\"part1\">Hawk tuah girl cryptocurrency<\/h2>\n<p>Welch and the team at overHere Ltd, which was responsible for creating the $HAWK coin, hopped on a Twitter Spaces stream on the night of the launch to try to explain what happened. It went\u2026poorly. Crypto scam reporter and YouTuber Coffeezilla got on the mic and called out the creators for allegedly selling a sizable chunk of the tokens to insiders before launch while only releasing 3% to the public for trading as well as paying themselves high transaction fees. The result looked a lot like a rug pull that saw a bunch of Hawk Tuah fans left holding the bag.<\/p>\n<p>However, the token\u2019s value plummeted just as rapidly as it had risen. Within minutes of reaching its peak, $HAWK crashed by over 90%, reducing its market cap to around $60 million and leaving many investors with massive losses.<\/p>\n<p>The value of Welch&#8217;s cryptocurrency plummeted from as much as $490 million to just $41 million &#8211; with some news outlets even claiming it lost more than 95 percent of its value in the one day it was released, on December 4.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/substackcdn.com\/image\/fetch\/w_1200,h_600,c_fill,f_jpg,q_auto:good,fl_progressive:steep,g_auto\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F66bdf1ea-0242-4dcd-9fbe-51c31a5c1ecb_1500x826.jpeg\" alt=\"cryptocurrency prices\" \/><\/p>\n<p>Welch and the team at overHere Ltd, which was responsible for creating the $HAWK coin, hopped on a Twitter Spaces stream on the night of the launch to try to explain what happened. It went\u2026poorly. Crypto scam reporter and YouTuber Coffeezilla got on the mic and called out the creators for allegedly selling a sizable chunk of the tokens to insiders before launch while only releasing 3% to the public for trading as well as paying themselves high transaction fees. The result looked a lot like a rug pull that saw a bunch of Hawk Tuah fans left holding the bag.<\/p>\n<p>However, the token\u2019s value plummeted just as rapidly as it had risen. Within minutes of reaching its peak, $HAWK crashed by over 90%, reducing its market cap to around $60 million and leaving many investors with massive losses.<\/p>\n<h2 id=\"part2\">Cryptocurrency prices<\/h2>\n<p>A distributed ledger is a database with no central administrator that is maintained by a network of nodes. In permissionless distributed ledgers, anyone is able to join the network and operate a node. In permissioned distributed ledgers, the ability to operate a node is reserved for a pre-approved group of entities.<\/p>\n<p>Cryptocurrency exchanges provide markets where cryptocurrencies are bought and sold 24\/7. Depending on the exchange, cryptocurrencies can be traded against other cryptocurrencies (for example BTC\/ETH) or against fiat currencies like USD or EUR (for example BTC\/USD). On exchanges, traders submit orders that specify either the highest price at which they\u2019re willing to buy the cryptocurrency, or the lowest price at which they\u2019re willing to sell. These market dynamics ultimately determine the current price of any given cryptocurrency.<\/p>\n<p>Cryptocurrency was invented by Satoshi Nakamoto, which is the pseudonym used by the inventor of Bitcoin. Even though digital currency concepts existed before Bitcoin, Satoshi Nakamoto was the first to create a peer-to-peer digital currency that reliably solved the issues facing previous digital money projects. Bitcoin was initially proposed in 2008 and launched in early 2009. Following the invention of Bitcoin, thousands of projects have attempted to imitate Bitcoin\u2019s success or improve upon the original Bitcoin design by leveraging new technologies.<\/p>\n<p>Crypto prices are calculated by averaging cryptocurrency exchange rates on different cryptocurrency trading platforms. This way, we can determine an average price that reflects cryptocurrency market conditions as accurately as possible.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hawk tuah girl cryptocurrency Cryptocurrency prices Pi network cryptocurrency It took two weeks for Welch to address the fiasco again. On Friday, she posted on X, acknowledging that a class action lawsuit was in motion. But the suit only names Schultz and So, along with overHere and the Caymans-based Tuah the Moon Foundation https:\/\/best-australian-casino.org\/reviews\/neospin\/. \u201cI [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3905","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/promtc.com\/Promtc\/wp-json\/wp\/v2\/posts\/3905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/promtc.com\/Promtc\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/promtc.com\/Promtc\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/promtc.com\/Promtc\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/promtc.com\/Promtc\/wp-json\/wp\/v2\/comments?post=3905"}],"version-history":[{"count":1,"href":"https:\/\/promtc.com\/Promtc\/wp-json\/wp\/v2\/posts\/3905\/revisions"}],"predecessor-version":[{"id":3906,"href":"https:\/\/promtc.com\/Promtc\/wp-json\/wp\/v2\/posts\/3905\/revisions\/3906"}],"wp:attachment":[{"href":"https:\/\/promtc.com\/Promtc\/wp-json\/wp\/v2\/media?parent=3905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/promtc.com\/Promtc\/wp-json\/wp\/v2\/categories?post=3905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/promtc.com\/Promtc\/wp-json\/wp\/v2\/tags?post=3905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}