James Wynn Launches $ASSDAQ Memecoin Presale After $85M Losses

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James Wynn launched ASSDAQ memecoin presale mocking the Nasdaq after his trading account dropped to about $900 following six liquidations that erased over $85M between March–April 2026; the presale raised roughly $8,000 in the first 10 hours and accepts SOL donations for token supply. This is a token launch/fundraising event in the memecoin niche with limited early adoption and high speculative risk. Key crypto takeaways: liquidation risk, fundraising via SOL, and potential short-term market noise rather than durable DeFi adoption.
- Wynn launches ASSDAQ memecoin, mocking the Nasdaq after account drops to $900.
- Presale raises $8000 in the first ten hours, accepting SOL donations for the token supply.
- Trader lost over $85 million through six liquidations between March and April 2026.
James Wynn is back, not with a trading position this time, but with a memecoin presale. The UK-based crypto trader, who made headlines after turning an initial $7,000 into approximately $83 million through early PEPE exposure and Hyperliquid leverage trading, launched a token called ASSDAQ this week after his trading account was reduced to roughly $900 following six liquidations in two weeks.
The presale raised approximately $8,000 in its first ten hours.
What ASSDAQ Actually Is
Wynn described the token as a deliberate mockery of the Nasdaq, which he believes is heading significantly lower. The presale accepts…
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