Catenaa, Monday, June 16, 2025- In a June 1 HTX Live session, Justin Sun, HTX advisor and TRON founder, engaged futures trader James Wynn in a candid discussion on meme coin authenticity and the future of decentralized exchanges.
The livestream also included former Muay Thai fighter Andrew Tate and the Moonpig meme project team.
Wynn criticized many meme coins as manipulated by influential groups, emphasizing shallow liquidity pools and pump-and-dump tactics that undermine genuine community projects.
He highlighted PEPE and Moonpig on HTX as rare examples driven by authentic community engagement. Sun echoed these views, stressing HTX’s commitment to transparency, decentralization, and user empowerment.
Wynn revealed a recent $100 million liquidation, blaming “hunts” by large market makers targeting his leveraged positions. Despite losses, he said the thrill of trading, not money, motivates him.
Wynn promised a comeback with larger, strategic positions.
Both Sun and Wynn advocated for decentralized trading platforms as a solution to centralized exchange risks. Wynn praised HyperLiquid’s approach to removing traditional financial gatekeepers, while Sun said HTX is studying such models to enhance its own platform’s usability and fairness.
The discussion underscored a shared vision for a crypto ecosystem rooted in community, openness, and user control.
Wynn stressed conviction over profit, viewing crypto projects as personal commitments rather than mere financial plays.
HTX continues to prioritize a “user first, technology driven” philosophy, supporting premium community-led meme projects and advancing decentralized governance to foster a fairer, more transparent trading environment.
