On January 12, according to GMGN monitoring data, James Wynn publicly promoted his namesake meme token WYNN. The token currently has a market cap of approximately $2.77 million, a price of $0.0027, and a historical high market cap of $7.33 million. James Wynn’s move is suspected to be imitating the model of the meme coin WhiteWhale, which is a meme of the legendary Hyperliquid trader The WhiteWhale. Since he announced taking over the project on December 20 of last year, it has been continuously rising. On January 3, James Wynn publicly criticized the meme coin WhiteWhale, saying, “The core figures of WhiteWhale once lost over $80 million in margin calls on Hyperliquid, yet now they are launching meme coins with a ‘non-profit’ and ‘savior’ stance and gaining huge popularity.” He then continued to give trading signals, claiming that his personal prototype meme token WYNN’s market cap remains low, and pledged to allocate 100% of creator profits to token buybacks.
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Imitating WhiteWhale? James Wynn "praising and criticizing" calling the same-named token WYNN
On January 12, according to GMGN monitoring data, James Wynn publicly promoted his namesake meme token WYNN. The token currently has a market cap of approximately $2.77 million, a price of $0.0027, and a historical high market cap of $7.33 million. James Wynn’s move is suspected to be imitating the model of the meme coin WhiteWhale, which is a meme of the legendary Hyperliquid trader The WhiteWhale. Since he announced taking over the project on December 20 of last year, it has been continuously rising. On January 3, James Wynn publicly criticized the meme coin WhiteWhale, saying, “The core figures of WhiteWhale once lost over $80 million in margin calls on Hyperliquid, yet now they are launching meme coins with a ‘non-profit’ and ‘savior’ stance and gaining huge popularity.” He then continued to give trading signals, claiming that his personal prototype meme token WYNN’s market cap remains low, and pledged to allocate 100% of creator profits to token buybacks.