**News Flash: Memecoin Madness!**
- A memecoin trader took a wild ride, losing nearly $8M on the Biden-linked Boden token. Ouch! 😬
- The trader swapped Jupiter (JUP) tokens for Boden at its peak, now down 99%.
- His $8M investment is now worth just $85K. Talk about a rough day at the crypto office!
- Despite this, memecoin season might be on the horizon. Ethereum-based Mogcoin (MOG) hit a new high with an $820M market cap.
- Memecoin trader Zack Ventura hints at a potential bull cycle. Buckle up, crypto enthusiasts!
This article does not contain investment advice or recommendations.