Part 7/9:
As the dust began to settle, serious questions loomed over the ethical implications of Haley Welch's actions. What truly transpired under the guise of community engagement and crypto enthusiasm? Reports highlighted her team generating over $2 million in fees during the tumultuous launch, effectively profiting while her fans bore the brunt of the fallout.
In a twist of irony, the narrative surrounding meme coins became a reflection of the larger memes created on the internet—first, achieve fame, then create a crypto venture, subsequently rug-pull your supporters, and finally deny any wrongdoing. Alas, it seemed that Welch had unwittingly become a part of this meme cycle.