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

• 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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