Hawk Tuah (HAWK): Coin Memes in the Spotlight – What Do You Need to Know?

Jakarta, Pintu News – Hawk Tuah (HAWK), a meme coin that initially stole the show with its incredible price surge, is now under the spotlight after registering a sharp price drop.

With a market capitalization of $17.54 million and low trading volume, Hawk Tuah (HAWK) exhibits a characteristic very typical of many other meme coins: extreme volatility.

Here are some things you need to know about Hawk Tuah and its journey in the cryptocurrency market.

1. Attention-grabbing Price Spikes

Upon its initial launch, Hawk Tuah (HAWK) experienced a tremendous price surge. In a short period of time, the coin’s price jumped by more than 200%, attracting the attention of many investors and traders who were attracted by the meme coin’s potential for quick profits.

However, as with many other meme coins, after the price spike, Hawk Tuah experienced a significant drop.

The price chart shows sharp fluctuations, with the price rising dramatically only to immediately fall back to its original price. Currently, the price of Hawk Tuah (HAWK) stands at $0 .00001821, down more than 99% from its highest peak.

Also Read: Alpaca Finance (ALPACA) Price from Initial Release, Highest Peak (ATH), and Year-to-Date Development

2. Supply and Market Capitalization

With a total supply of approximately 999.99 million HAWK and a circulating supply of approximately 962.81 million HAWK, this coin has a huge total supply.

The market capitalization of $17.54 million shows that while Hawk Tuah has attracted attention, its liquidity is currently very low, with almost zero daily trading volume.

A large supply with a small market capitalization is a factor that investors need to consider.

Meme coins like Hawk Tuah often lack strong fundamentals, making them highly vulnerable to sharp price fluctuations.

3. High Level of Volatility

One of the main characteristics of meme coins like Hawk Tuah (HAWK) is high volatility. In a short period of time, the price of HAWK can rise or fall sharply for no apparent reason other than market speculation.

This poses a big risk to investors who are looking for stability or the long term.

Extreme price fluctuations often occur with meme coins that have no clear utility or long-term purpose.

For example, while Hawk Tuah did make some big gains, these rapid price gains did not last long, as the coin tends to be traded speculatively.

4. No Clear Application or Purpose

Meme coins generally lack a clear purpose or application in the real world, which makes them more prone to long-term failure. Such is the case with Hawk Tuah (HAWK).

Unlike Ethereum (ETH) or Bitcoin (BTC) which have uses in the world of blockchain and financial applications, Hawk Tuah seems to only survive as a speculative coin traded by the meme-focused community.

Meme coins like Hawk Tuah are more often viewed as tools for entertainment or get-rich-quick opportunities, without solid fundamentals for long-term sustainability.

5. Potential to Enter the Market Again?

Although Hawk Tuah (HAWK) is currently experiencing a significant price drop, there is potential for this coin to regain popularity if there is a change in market sentiment.

Meme coins often experience sharp price spikes when there is a major announcement or new trend in its favor, such as when a community or influencer on social media gives the coin attention.

However, given that this coin does not have strong fundamentals, it is imperative for investors to be cautious in considering Hawk Tuah (HAWK) as a long-term investment.

Also Read: Moo Deng Price Initial Release, Highest, Year to Date

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CoinMarketCap. Hawk Tuah (HAWK) Crypto Overview. Accessed August 13, 2025.