BlockBeats News, January 14, according to... GMGN Market data shows that the address ranked first on the "Crying Horse" list made a "large investment" of $1,270 in this token when its market cap was only $56,700. This address holds 2% of the token supply and now has a floating profit exceeding $100,000.
The founder of the well-known meme coin BOME, @Darkfarms1, posted a meme similar to "crying horse" one hour ago, which might be the main driver behind the token's short-term surge of five times.
BlockBeats reminds users that Meme coins experience significant trading volatility, largely relying on market sentiment and concept hype, without actual value or use cases. Investors should be aware of the risks.

