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Dec 8, 2024, 04:10 PM UTC
😼 Get your (meme)coin
The ultimate guide to willingness-to-pay Product Hunt Sunday, Dec 08 The Roundup Happy Sunday, legends. Welcome back to another edition of the Roundup — our weekly rundown of everything you missed this
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This week, we’ve got a special feature from our friend Lenny Rachitsky (aka lennysan), breaking down everything you need to know about how to price your product:
Also — did you see all of the dev tools that launched Tuesday as part of Supabase's Battle Royale? Check out our breakdown in our dev tools newsletter, the Breakpoint, if you missed it.
The Hawk Tuah memecoin drama is the crypto world’s latest chaos magnet. Haliey Welch, the "Hawk Tuah Girl," launched $HAWK, promising fans a fun, meme-driven token. Instead, the coin skyrocketed to a $490M market cap before crashing over 90% in hours, leaving investors clutching at air and wallets suspiciously bloated. Blockchain sleuths flagged a few key accounts holding most of the tokens—classic "sniper" behavior—and the SEC is reportedly sniffing around.
Welch defended herself, claiming her team tried to block snipers with high fees, but critics (and golf influencer Paige Spiranac) weren’t buying it. Spiranac’s jab? “If I’ve learned anything, it’s to never release a memecoin.” Ouch.
Our take: Memecoins thrive on hype, but they’re a minefield for trust and transparency. Welch might’ve wanted to cash in on the meme, but when your coin is accused of insider trading hours after launch, the vibe goes from "fun" to "fraud" real fast.
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