Legendary Meme Coin Hunter James: Earn $25 million with $7,000, but now the order effect has failed
Written by: Frank, PANews
After the trust crisis of ELON, James Wynn's shouting effect seems to be ineffective. In recent days, the MONKE coin he waved the flag for did not rise sharply, but was sold by retail investors at the same time as he shouted. As of 10 am on April 29, James Wynn's own position also turned into a loss state (the other small address recovered the cost because it ran faster).
How to become a Meme coin master? This may be the ultimate question for every Meme player. Even if you cannot become a master-level player, for many players, following the footsteps of those successful people seems to be a shortcut. Today, PANews tried to unlock the secrets of the Meme game by tracking the legendary Meme player James Wynn of PEPE coin on the chain.
Among the many legendary hunters of Meme coins, James Wynn (@JamesWynnReal) has been the most talked about recently. First, Lookonchain found that he made $12.8 million on PEPE (in fact, PANews found more than that), which triggered heated discussions in the industry. Then James Wynn made full use of this wave of traffic and loudly called for ELON. TokenAfter selling at a high price, he left a sentence "there is a problem with the project", causing the market to plummet by more than 70%. This move also attracted criticism from fans.
In PANews, we reviewed 26 James Wynn-relatedwalletCalculation after analyzing the on-chain data of the addressXiaobai Navigation, James Wynn at PEPE TokenIn the surge of ELON tokens, he earned about 25 million US dollars, with a principal of only 7,644 US dollars. In the process of calling orders for ELON tokens, James Wynn's operation did have the suspicion of raising prices and cutting fans.
26 addresses deployed PEPE, 7000 US dollars turned into 25 million US dollars
For ordinary Meme players, when you choose to buy a Meme coin, how many addresses will you choose to buy or sell? Most people may choose 1~2 addresses. After all, Meme coins are a game of small bets and big gains. No one can predict that their bets will definitely make a profit, so whether it is from the perspective of capital investment orwallet地址准备上或许都不会太多。而 James Wynn 在 PEPE 币的交易过程中，最多经过了 26 个wallet地址，而此前公众所了解的只有三个地址。
James Wynn’s wallet address correlation analysis
According to PANews' investigation, James Wynn has a "deep connection" with PEPE coin.
PEPE coin was officially launched on April 14, 2023. James Wynn's Twitter account was registered in April 2023. Before April 16, he had not sent any Twitter content. His earliest tweet was a call for PEPE coin.
Within one day after PEPE went online, James Wynn quickly bought the first transaction through the 0x4afed6cd4e65589a43f64dad86650b8ac6fc3662 address at a cost of 0.54 ETH. He then completed three transactions using three addresses within 30 minutes, purchasing a total of approximately 4.2 trillion PEPEs at a total cost of 3.5 ETH, accounting for approximately 1% of the total supply.
After completing the initial layout, James Wynn began to quickly call for PEPE on Twitter. On April 16 alone, James Wynn posted at least 24 promotional content. For an ordinary player, this seems a bit too much.
As PEPE's popularity gradually increases on social media, some memes CommunityMore PEPE coin fans emerged, pushing the price of PEPE coin up. From April 16 to April 19, PEPE basically maintained a 1-2 times increase every day.
On April 17, James Wynn sold the principal he had invested, and then bought a small amount again with one of his accounts on April 18. By May 1, the price had risen 100 times compared to James Wynn's cost, perhaps considering that decentralized addresses are less likely to attract the attention of other players. James Wynn transferred the PEPE coins he held to multiple new addresses.
Take 0x1996a2Cd7E4f12aF62D637883228Fea805AE0e6d as an example. This address initially purchased 974b PEPE. After selling part of the ETH on April 17, the remaining PEPE was transferred to two addresses. After these two addresses sold the ETH in batches, the ETH was collected to the address 0xbC6D62D318Da4fD5146C80d0b73908Ad7793Ea1A, and then transferred from these collection addresses to James Wynn’s main wallet jwynn.eth Finally, part of the funds are transferred toexchangeaddress.
In James Wynn’s transactions, he seemed to deliberately avoid the connection between the four initial purchase addresses. The connection between these addresses was only discovered after penetrating 6-7 layers of wallets.
According to PANews statistics, James Wynn has successively transferred funds to various centralizedexchange1,771 ETH, 168,900 USDC, and PEPE coins worth $3.94 million were recharged. The total assets on the chain are currently about $15.38 million. The total profit is about $25.33 million.
It seems hard to believe that James Wynn's exaggerated income was just due to luck. Before he got rich through PEPE, James Wynn was also a 10U warrior. His wallet transactions were usually in the tens of dollars. But when it came to trading PEPE, he suddenly became aggressive. In addition to the three long-term PEPE addresses, these wallet addressesBinanceApart from the on-chain interactions, the rest were basically established after the PEPE transaction. Perhaps it was some revelation or inside information that made James Wynn's first big bet on the Ethereum chain so successful.
The hard-working billionaire is clearing his positions while calling orders
Even after he became a billionaire, James Wynn never changed his habit of searching for memes and interacting on Twitter, posting dozens of updates every day. As his story of sudden wealth became known to more people, James Wynn's number of fans increased to 19,000 in just one year, and he was also known for his PEPE story.CommunityKnown as the PEPE God.
One year after James Wynn first purchased PEPE, at 4:38 pm on April 24, 2024, James Wynn posted another tweet: "I think I have a 1000x for you, who wants it?" About an hour before he posted this tweet, he had just completed the layout of two accounts in the ELON token. At that time, the token had been online for no more than half an hour.
As usual, James Wynn immediately began to release information about ELON tokens and used all kinds of praise to promote this new meme coin, with the same enthusiasm as last year's promotion of PEPE. One year later, James Wynn's appeal is also extraordinary, and many bloggers who specialize in meme coins also rushed into the market under his orders.
A few hours later, the price of ELON tokens rose nearly 100 times compared to James Wynn's cost. I don't know whether it was to show his sincerity in being in the same trench with his fans or because he thought ELON could really become the next PEPE, James Wynn chose to increase his position after ELON rose sharply.
But the price trend did not seem to replicate PEPE's unstoppable momentum. On the evening of April 25, ELON only rose a little more than the previous day's high and then began to fall. At around 3:35 a.m. on the 27th, the price of ELON suddenly fell by 70%. James Wynn then announced on Twitter that he had cleared his position and said that there was something wrong with the ELON token. At this time, everyone realized that it was James Wynn's liquidation that caused the crash. According to PANews, James Wynn not only laid out the well-known address jwynn.eth, but also quietly used another uncommon address 0x4afed6cd4e65589a43f64dad86650b8ac6fc3662 to buy ELON earlier, and this account had been cleared as early as 3 o'clock on the 25th. At that time, James Wynn's tweets were still flying on social media like snowflakes.
According to statistics, during this operation, both of James Wynn's accounts were in the top ten of the profit list (ranked 2nd and 8th respectively), with a profit of about 350,000 US dollars. However, this profit did not seem to meet James Wynn's ideal state, and he had already started to call orders for several other projects.
Perhaps, we can return to the two questions at the beginning. How to become a meme master? James Wynn's road to becoming a master seems to have little to do with the traditional meme gameplay technology, but more like a classic marketing case.
As for the second question, since it is difficult to become a master, is it a shortcut to follow such a master to buy? Perhaps those users who have experienced the ELON crash have their own answer.
The article comes from the Internet:Legendary Meme Coin Hunter James: Earn $25 million with $7,000, but now the order effect has failed
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