Imitating WhiteWhale? James Wynn "praising and criticizing" calling the same-named token WYNN

BlockBeats News, January 12 — According to GMGN monitoring data, James Wynn recently publicly promoted his namesake Meme token WYNN. The token currently has a market cap of approximately $2.77 million, with a price of $0.0027, and its all-time high market cap once reached $7.33 million. This move by James Wynn is suspected to be imitating the model of 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 Meme coin WhiteWhale, saying, “The core figures of WhiteWhale once lost over $80 million in margin calls on Hyperliquid, and now they are launching Meme coins as ‘non-profit’ and ‘saviors’ to great fanfare, which is truly absurd.” He then stated that his personal prototype Meme coin WYNN still has a low market cap and pledged to allocate 100% of creator profits to token buybacks.