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Sup fellow degens,
I want to dedicate this week’s “Degen of the Week” to James Wynn, a trader who pissed off half of the crypto community by his sole existence and now by his degen comeback after losing almost $100M.
Chapter 1: The Frog Whisperer
It all started with good ol’ PEPE.
While most of CT was still calling it another green joke, James Wynn spotted the signal in the meme. He aped in at a $300K market cap, called it publicly at $600K, and watched the internet crown him the chosen one.
That single play promoted him from another Twitter trader into a living legend or "the guy who caught the frog.”
Chapter 2: The Shill Awakens
Suddenly, eager for another hit of attention, Wynn started promoting tokens like his life depends on it. Every single day, a new “insane project,” every post wrapped in the narrative of “this is the next big thing.”
Then came WYNN, the “token of the man himself.”
Launched quietly and died violently. But hey, in crypto, short memory is alpha.
WYNN dying 0.3 seconds after seeing the light of day
Chapter 3: The Hyperliquid Prophet
When certain substance hits the fan, Wynn rebranded.
New him, new platform: Hyperliquid.
Wynn started preaching leverage, talking liquidity, transparency, and “integrity”. Going as far as even turning down a $150K/month Bybit offer because, in his words:
And for a while, it looked like he’d evolved. A disciplined trader, reborn.
Chapter 4: The $99 Million Lesson
May 2024: Wynn longed $1.1B in BTC. 40x leverage.
He turned $550K into $87M in just 70 days.
Then Bitcoin sneezed and in seven days $99 million vanished. Even after topping up collateral, Wynn watched the market nuke him into history.
My respect for Wynn, that only made him turn into an even bigger degenerate and he just tweeted:
“Money isn’t real”
Losses are, tho
Chapter 5: The Aster Conversion
Then came Aster, which became CZ’s new playground. On day 1, Wynn was the Hyperliquid poster boy. On day 2, he was shilling Aster with a referral link, so long it could wrap the moon.
Even after totally changing his ideology and going through the full flip, nobody seemed to care that much cuz it was just James Wynn being James Wynn.
Chapter 6: The Return of the Meme King
Back where it all began: memecoins. This time, within the BNB ecosystem, pushing projects like YEPE, which he is labelling YELLOW PEPE (just let it go, bro). With 60% of its supply held by insiders.
But people still followed because deep down everyone felt that this degenerate always finds his way to big money.
The Immortal Degen
He’s lost millions, rebranded twice, switched sides, and despite anything keeps winning the only game that matters in crypto
Attention.
How someone, I don’t remember who, said: “You can love him, you can hate him, but you can't ignore him”
TL;DR: James Wynn went from catching PEPE early to shilling rugs, losing $99M on leverage, and somehow becoming even more famous for it. He’s the guy who called “money isn’t real” after vaporizing a fortune, then flipped sides to CZ’s Aster and started pushing BNB memecoins like nothing happened.
Stay degen,
Dima
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