On the evening of June 1, Beijing time, Justin Sun, global advisor of Huobi HTX and founder of TRON, and James Wynn, a well-known contract trader, had an in-depth dialogue on the future of Meme ecology and trading platforms through Huobi live broadcast. The discussion not only focused on the pain points and opportunities of crypto trading, but also revealed the core trends of the next round of industry changes: decentralization, community-driven, and user freedom. Former professional Muay Thai fighter and businessman Andrew Tate, and the Meme project Moonpig team also participated in this live broadcast.
Community is the soul of the Meme project, and whales are not
James Wynn is famous for his huge contract positions and his investment and support for the Meme ecology. Talking about the current Meme ecology, he pointed out that the vast majority of Meme projects have been "controlled by centralized interest groups" and have become tools for high-frequency speculation, losing their original cultural core. "Many meme coin teams deliberately make the liquidity pool very shallow, and sell the coins when the trading volume is high, and then easily raise the price to create a false impression," said James Wynn. That is why those projects that are truly sincere and completely driven by the community are more valuable. In his opinion, PEPE, as well as MOONPIG, which was recently launched on Huobi HTX, are meme projects that have community spirit and beliefs and can resonate.
In terms of project selection, Justin Sun and James Wynn hold similar views. "I value passion, resonance, and communities with narratives and souls, especially those truly decentralized, user-led projects. Huobi HTX is committed to building a platform that supports high-quality Meme projects, and we will do our best to help projects listed on Huobi HTX grow."
$100 million loss: Confrontation with traders
Recently, James Wynn's high-leverage contract positions have been the focus of the market. In the live broadcast, he also shared his experience of being liquidated for $100 million, saying that the huge losses were due to being "hunted" by large market makers. "They don't like to see civilians making money. The larger your position, the more you will be targeted," said James Wynn. "When I am surrounded, I will not admit defeat, but fight back. When the time is right, I will return to the market with 40 times leverage and hundreds of millions of dollars in long orders." "In fact, I enjoy this process. Even if I make $1 billion, I will not spend it on myself. I am not pursuing wealth itself, but enjoying the excitement of this game." The future of exchanges is decentralization As one of the most senior builders in the encryption industry, Justin Sun discussed the development direction of exchanges with James Wynn. "My goal has always been clear: to enable users to complete transactions faster and easier, lower the threshold for use, and improve the various pain points of existing trading platforms. I hope to build a more humane, fairer and freer trading experience." Justin Sun said. On this topic, James Wynn, who has been "hunted" by centralized institutions, also supports the development path of decentralization. He said, "If exchanges want to improve, they need to refer to Hyperliquid. Its success lies in challenging the censorship and restrictions of the financial system, removing the set of rules that people oppose, without red tape, people can trade freely. Whether it is CEX or DEX, liquidity is always an unavoidable problem, and the key to solving all this is community-truly decentralized users and communities are our core force against centralized centralization."
Sun Yuchen admitted that he is studying the mechanism of Hyperliquid. "We are doing our best to promote the growth of Huobi HTX. I am also continuing to pay attention to the different characteristics and advantages of other exchanges, hoping to continuously optimize the product experience of Huobi HTX through observation and learning, making it easier to use and closer to users."
The policy environment is improving, and the crypto industry is gaining mainstream acceptance
During the live broadcast, Sun Yuchen, who had just finished his trip to the United States, also shared his views on the trend of crypto policies and expressed his optimism about the subsequent development of the industry. "During my meeting with President Trump, we also specifically discussed policy issues related to cryptocurrencies, and both sides showed a very optimistic attitude. The current policy environment is becoming more and more friendly to the crypto industry, especially Bitcoin and Ethereum. In the future, we will see that more and more companies and investors are beginning to recognize this industry." "In fact, many mainstream listed companies are now buying crypto assets, and this trend is accelerating. We have reason to believe that more large companies 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 in the world." Conclusion: In the next stage, the industry needs more real co-builders From community culture to institutional signals, from market structure to trading freedom, this live broadcast outlines the multi-dimensional transformation that the crypto industry is undergoing. Although Justin Sun and James Wynn come from different backgrounds, they have the same goal: to build a freer, fairer and more real crypto ecosystem.
As James Wynn said in the live broadcast: "(Construction projects) are not even for money for me, but my self-awareness is in it." For the industry, this belief is more powerful than the ups and downs of the market.
As one of the earliest mainstream trading platforms in the crypto industry to develop decentralized development, Huobi HTX has always adhered to the core concept of "user first, technology driven", and is committed to building a freer, more transparent and fairer trading environment. From supporting high-quality community Meme projects to promoting the construction of the 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.
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