Draft:Chief Gray/sandbox

Submission declined on 9 December 2024 by DoubleGrazing (talk).

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Declined by DoubleGrazing 2 seconds ago. Last edited by DoubleGrazing 2 seconds ago. Reviewer: Inform author.

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$TUAH

$TUAH is a community-driven cryptocurrency launched in 2024 as a direct response to the fallout from the "Hawk Tuah" controversy, which involved allegations of a rug pull by the creators of the HAWK coin. Designed to rebuild trust in the crypto space, $TUAH prioritizes transparency, investor protection, and community governance.

History

The creation of $TUAH stemmed from the widespread investor losses caused by the Hawk Tuah rug pull. The Hawk Tuah project, associated with social media influencer Hailey Welch, collapsed after Welch and her team allegedly sold a significant portion of the coin supply before its launch. The incident left many investors, including young people and those new to cryptocurrency, financially devastated.^[1]^[2]

In response to this controversy, a group of affected investors and crypto enthusiasts formed the STRAIGHT $TUAH PRISON Community, aiming to create a cryptocurrency that embodies ethical practices and protects investors. $TUAH was launched on the Solana blockchain with built-in mechanisms to prevent issues like rug pulls and ensure transparency.

Key Features

Transparency

$TUAH uses locked liquidity pools to safeguard investor funds. The project’s contract ownership has been renounced, ensuring no centralized control.

Investor Protection

Mechanisms such as multi-signature wallets and decentralized governance protect community interests. The team regularly publishes updates and reports to maintain trust.

Community Governance

$TUAH employs a decentralized voting system, enabling holders to influence major project decisions. Community involvement ensures that no single entity can monopolize control.

Community Engagement

$TUAH is more than just a cryptocurrency—it is a movement to rebuild trust in the crypto industry. The community actively engages through various social media platforms:

Twitter: @tuahtime (https://x.com/tuahtime) -

Instagram: @tuahtime (https://instagram.com/tuahtime)

Telegram: Join the $TUAH Telegram Group (https://t.me/tuahtime)

These platforms provide regular updates, visual content, and direct interaction between team members and the community.

Controversy

The $TUAH initiative emerged in the wake of the Hawk Tuah controversy, which made headlines after accusations of insider trading and a rug pull involving $50 million. The Hawk Tuah collapse underscored the risks associated with influencer-driven cryptocurrency projects, sparking debates about accountability and ethical practices in the crypto space.^[3]

External Links

Official X/Twitter: (https://x.com/tuahtime)

Official Instagram: (https://instagram.com/tuahtime)

Official Telegram: (https://t.me/tuahtime)

References

^ "Hawk Tuah Girl and Crypto Team Under Fire". Yahoo Finance. 2024-12-05. Retrieved 2024-12-08.
^ "Hawk Tuah Meme Coin Crash". Rolling Stone. 2024-12-06. Retrieved 2024-12-08.
^ "Hawk Tuah Meme Coin Crash". Rolling Stone. 2024-12-06. Retrieved 2024-12-08.

[1] "Hawk Tuah Girl and Crypto Team Under Fire". Yahoo Finance. 2024-12-05. Retrieved 2024-12-08.

[2] "Hawk Tuah Meme Coin Crash". Rolling Stone. 2024-12-06. Retrieved 2024-12-08.

[3] "Hawk Tuah Meme Coin Crash". Rolling Stone. 2024-12-06. Retrieved 2024-12-08.

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