Newly launched memecoin HAWK crashes from $500M to $60M market cap in 20 mins

I may be getting old, but the current valuations of pretty much anything, make me think a lot about the Tulip Mania. We're way past dot com bubble.

What's funny in this headline is the 'crashes to $60M' part. Just think about it - something meaningless, launched by a cute girl, is apparently still valued at $60M. You could buy some really nice businesses for that kind of money !

TUAH!

Wow, who could saw this coming /s