I have to disagree with you there. It is up to the people the slur is intended to refer to, to reclaim it. I have been called the R word before. I have no intellectual disability. It is very much not my place to try to reclaim it.

But regardless, the theoretical femboy in the meme isn’t reclaiming the word, he is denying being a part of that group while using a slur for that group. That’s not reclaiming, that’s rejecting it for themself but accepting it for trans women.