Key Takeaways:
- The Solana Saga phone, initially facing tepid sales, is now officially “SOLD OUT” on its website.
- Recent eBay listings show unopened Saga phones fetching prices as high as $5,000, more than eight times their retail cost.
- The surge in Bonk memecoin’s value has outpaced the phone’s original price, making the airdrop more valuable than the device itself.
- Buyers appear to be banking on further appreciation of Bonk’s price, aiming for profits despite the steep secondary market prices.
In a surprising turn of events, the Solana Saga phone has recently experienced a surge in demand, leading to a sold-out status on its official website. The frenzy was ignited by the allure of a free Bonk memecoin airdrop, driving prices on the secondary market to unprecedented levels.
The Saga is SOLD OUT!
Words cannot describe how much we appreciate your support. We are nothing without this amazing community 🫂
While these past few days will be cemented in our history, we’re excited for the future 🫡
Stay tuned ✨ pic.twitter.com/KJje8lBDLL
— Solana Mobile 🌱 (@solanamobile) December 16, 2023
Furthermore, another memecoin initiative known as Samoyed Coin (SAMO) has declared their intention to issue an airdrop for Saga phone holders, and additional information will be disclosed in the near future.
Read More: BONK Price Prediction
On November 15, the decentralized storage provider GenesysGo had earlier revealed plans for users to mine its native Shadow (SHDW) token through an application integrated into the Saga phone.
🚨 WHERE MY $SOL SAGA FAMO AT?! 🚨
Yes, it’s TRUE! #Solana Saga Holders are going to get airdropped $SAMO! 🐶🪂
We hope you got your paws on one before it was too late…
DETAILS COMING SOON. 🙌 pic.twitter.com/yePhuOfoqM
— Samoyedcoin (SAMO) (@samoyedcoin) December 16, 2023
Conclusion:
The unexpected success of the Solana Saga phone can be attributed to the newfound value of the Bonk memecoin airdrop. As opportunistic traders and memecoin enthusiasts drive demand, the phone’s resale prices have skyrocketed. However, it appears that buyers may have additional incentives beyond Bonk, with Solana-based projects teasing upcoming airdrops and financial rewards for Saga phone holders.
Additional Read: How to Claim Free Solana Airdrop?
Source: CoinTelegraph
Related posts
Bitcoin Price Hits New All-Time High Following Fed’s 25-Basis-Point Rate Cut
Fed’s interest rate cut spurs crypto momentum, boosting Bitcoin and Ethereum prices.
Read more
Blum Secures Major Investment from TOP to Strengthen DeFi Presence in TON Ecosystem
TOP’s backing aims to accelerate Blum’s multi-blockchain expansion.
Read more