Trader James Wynn, after making a fortune with the meme coin PEPE in 2023, recently achieved massive gains again with the same coin. His cumulative profits from two key trades have exceeded $50 million, truly realizing the saying "invest in PEPE and live in a palace".
PEPE Trading Legend
James Wynn's connection with the meme coin PEPE began in 2023. At the time, he invested just $7,000 as initial capital. By precisely capturing market timing, he successfully traded over 10 trillion PEPE tokens between April and May 2023, turning the initial $7,000 into an astonishing profit of around $25 million.
After a period of silence, Wynn recently, between May 14-24, 2025, again closed out his PEPE positions, bringing him approximately $25.18 million in returns. These two successful PEPE trades have officially pushed his total gains on a single cryptocurrency beyond $50 million.
Despite recently conducting a large-scale position closure, Wynn has previously publicly stated that he believes PEPE is still "severely undervalued".
Analyzing High Leverage and Meme Coin Preference Strategy
The core of James Wynn's trading strategy is high-frequency use of high leverage, such as trading with 10x or even 40x leverage. This operation can significantly amplify potential gains but simultaneously pushes loss risks to the extreme.
Additionally, Wynn has a clear trading preference for meme coins, being particularly adept at capturing profit windows during high volatility. He is also skilled at using market sentiment and social media influence (call-outs), strategically releasing information to guide market attention to specific coins, potentially influencing their price trends and market liquidity. This off-market influence, which could even be seen as a method of "cutting leeks", has made him unpopular in some communities.
Although Wynn is known for meme coin trading, his investment portfolio is not entirely single-dimensional. For instance, he has been reported to hold a massive Bitcoin long position, allegedly valued at over $1 billion, using 40x leverage with a target price of $118,000.
Massive Risk Warning
Despite James Wynn's trading achievements being shocking, ordinary investors must absolutely not ignore the massive risks in his operating method. For the vast majority of average investors with limited risk tolerance and lacking professional market knowledge, blindly mimicking such high-risk, high-leverage trading strategies could likely lead to unbearable financial losses. In simpler terms, don't try this without proper training, and even following his wallet could result in being "cut".
Moreover, James Wynn's trading behavior may to some extent encourage speculative enthusiasm for meme coins among novice investors, potentially influencing the overall cryptocurrency market atmosphere.
