The founder of the popular meme coin BOME has posted a "Crying Horse" meme picture, with the coin's corresponding wallet address now holding a paper gain of over $100,000.

BlockBeats News, January 14th, according to GMGN market data, the "Crying Horse" list's top address bought $1270 worth of the token at a market value of only $56,700, holding 2% of the tokens, and has now unrealized gains of over $100,000.

The founder of the well-known meme coin BOME, @Darkfarms1, posted a similar "Crying Horse" meme image 1 hour ago, possibly being a key driver behind the token's short-term 5x surge.

BlockBeats reminds users that meme coin trading is highly volatile, largely driven by market sentiment and hype, with no actual value or use case, so investors should be aware of the risks.