Blog-new-logo-2023Blog-new-logo-2023Blog-new-logo-2023Blog-new-logo-2023
  • CRYPTO NEWS
  • TOPICS
    • Futures Trading
    • Crypto Basics
    • DeFi
    • Metaverse
    • NFT
    • Blockchain
  • CRYPTO VERSE
    • Personal Finance
    • Cryptocurrency
    • Price Predictions
    • Crypto Deep Dives
  • PRODUCT
    • Tutorials
    • Product Features
    • Security
  • COINDCX
    • Announcements
    • Community
    • Crypto Competition
    • Listings
    • Opinion
    • Stories
Visit CoinDCX
✕
            No results See all results

            Solana Saga Phones Sell Out Amidst Bonk Memecoin Frenzy

            Solana Saga phones soar as Bonk memecoin frenzy triggers unprecedented demand!

            18 Dec 2023 | 2 min read

            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

            Share
            CoinDCX
            CoinDCX

            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
            8 Nov 2024
              | 4 min read

            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
            7 Nov 2024
              | 5 min read
            Logo_CoinDCX
            Company
            • About Us
            • Blog
            • Careers
            • Fees
            • Media Kit
            • Proof of Reserves
            • Partners
            • Bug Bounty
            • Community
            • Policy
            Product
            • Spot Trading
            • Margin Trading
            • Convert
            • Futures Trading
            • Earn
            • VIP
            Support
            • 24/7 Chat Support
            • Support Center
            • Terms of Use
            • Privacy Policy
            • Risk Disclosures
            • Security
            • Terms of Use: Web3 Wallet
            Business
            • OTC
            • API Broker
            • Enterprise
            • New Coin Listing
            • Ventures
            • Affiliate
            Crypto Prices
            • Bitcoin Price
            • Ethereum Price
            • Ripple XRP Price
            • Dogecoin Price
            • Solana Price
            • Litecoin Price
            • All Crypto Prices
            Contact Us

            For grievance redressal write to Grievance Officer - Mr. M Jain (grievance@coindcx.com)
            Regulatory Authority write to legal@coindcx.com
            Press Enquiries write to media.queries@coindcx.com

            Disclaimer

            Crypto products & NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations.

            *Data sourced from Looker app as on 01st May,2023
            *Data as on 01st May,2023
            *Quarterly trading volume for Q2 FY'23. Currency conversion rate applied as in data capturing period
            *FIU Registered entity, NEBLIO TECHNOLOGIES PVT LTD
            *Certified in India for May 2023-24

            © 2024 All rights reserved

            Visit CoinDCX
                      No results See all results
                        Download App