Sun Yuchen × James Wynn: Discussing the Decentralized Future and Meme Ecosystem Innovation

The Community is the Soul of Meme Projects, Not the Whales

James Wynn is known for his massive contract positions and his investment and support for the Meme ecosystem. Speaking about the current Meme ecosystem, he pointed out that the vast majority of Meme projects have been "manipulated by centralized interest groups," becoming tools for high-frequency speculation and losing their original cultural core. "Many Meme coin teams deliberately keep liquidity pools shallow and sell during high trading volumes, then easily pump the price to create an illusion," James Wynn said. Therefore, those projects that are truly sincere and completely community-driven are even more precious. In his view, PEPE and the recently launched MOONPIG on Huobi HTX belong to Meme projects that have community spirit and faith, capable of resonating with people.

In terms of project selection, Sun Yuchen shares a similar view with James Wynn. "I value passion, resonance, and communities that have narratives and souls behind them, especially those that are truly decentralized and user-led projects. Huobi HTX is committed to building a platform that supports quality Meme projects, and we will do our utmost to help the projects listed on Huobi HTX grow."

$100 Million Loss: Confronting the Manipulators

Recently, James Wynn's high-leverage contract positions have been the focus of the market. During a live broadcast, he shared his experience of being liquidated for $100 million, stating that the massive loss was due to being "hunted" by large market makers. "They don't like to see ordinary people making money; the larger your position, the more you will be targeted," James Wynn said. "When I'm being besieged, I don't give up; I fight back. When the time is right, I will return to the market with a 40x leverage and hundreds of millions in long positions."

"In fact, I enjoy this process. Even if I make $1 billion, I wouldn't spend it on myself. What I pursue is not wealth itself, but the thrill of this game."

The Future of Exchanges is Decentralization

As one of the most seasoned builders in the crypto industry, Sun Yuchen discussed the development direction of exchanges with James Wynn. "My goal has always been clear: to enable users to trade more quickly and easily, lower the barriers to use, and improve the various pain points existing in current trading platforms. I hope to build a more humanized, fairer, and freer trading experience," Sun Yuchen said.

On this topic, James Wynn, who has been "hunted" by centralized institutions, also supports the path of decentralization. He stated, "For exchanges to improve, they need to reference Hyperliquid. Its success lies in challenging the scrutiny and restrictions of the financial system, removing the rules that people oppose, and allowing free trading without red tape. Whether it's CEX or DEX, liquidity is always an unavoidable issue, and the key to solving all this is community—truly decentralized users and communities are our core strength against centralized power."

Sun Yuchen admitted that he is studying the mechanisms of Hyperliquid. "We are doing our utmost to promote the growth of Huobi HTX. I am also continuously observing the different characteristics and advantages of other exchanges, hoping to optimize the product experience of Huobi HTX through observation and learning, making it more user-friendly and closer to users."

Positive Policy Environment, Crypto Industry Gaining Mainstream Acceptance

During the live broadcast, Sun Yuchen, who had just returned from a trip to the United States, shared his views on the trend of crypto policies, expressing his optimistic attitude towards the industry's future development. "During my meeting with President Trump, we specifically discussed policy issues related to cryptocurrencies, and both sides showed a very optimistic attitude. The current policy environment is becoming increasingly friendly to the crypto industry, especially for Bitcoin and Ethereum. In the future, we will see more companies and investors beginning to recognize this industry."

"In fact, many mainstream listed companies are already purchasing crypto assets, and this trend is accelerating. We have reason to believe that more large enterprises and mainstream institutions will embrace cryptocurrencies in the near future. In this process, the United States will also become one of the most important participating countries globally."

Conclusion: In the Next Phase, the Industry Needs More Authentic Builders

From community culture to institutional signals, from market structure to trading freedom, this live broadcast outlines the multidimensional transformation that the crypto industry is undergoing. Although Sun Yuchen and James Wynn come from different backgrounds, their goals align: to build a freer, fairer, and more authentic crypto ecosystem.

As James Wynn said during the live broadcast, "Building projects is not even about money for me; it's about my self-awareness being involved." For the industry, this belief is more powerful than market fluctuations.

As one of the earliest mainstream trading platforms to layout decentralized development in the crypto industry, Huobi HTX has always adhered to the core philosophy of "user first, technology-driven," committed to creating a more free, transparent, and fair trading environment. From supporting quality community Meme projects to promoting the construction of a DAO governance system, Huobi HTX is leading the industry towards a more open future with forward-looking strategic vision and practical actions, injecting long-term value into the global crypto ecosystem.