Sales of Solana Saga phones suddenly shot through the roof! They are all currently sold out. The phones are now being sold in various marketplaces for about € 5,000.
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Solana Saga
Solana is a well-known blockchain platform for building dApps (decentralized applications) and smart contracts. Saga is the phone Solana released early this year (2023). This is a cell phone designed specifically for crypto users. You can install dApps on this phone and safely store your crypto coins. You can think of it as a kind of mobile vault for your crypto coins.
Memecoin Bonk
Cryptocurrencies created in the form of an Internet meme or just for fun are called memecoins. These coins can become popular because of good marketing and community involvement. Bonk is such a memecoin.
30 Million Bonk tokens with Saga purchase
Solana owes the reason for the explosive sales of the Saga phones to Bonk. In fact, the phones come with an airdrop of 30 million Bonk tokens! The large price increase in Bonk means that the free airdrop is currently worth more than the Saga phone itself. Hence, the phone suddenly rose so much in popularity.
Resale for €5,000
Because of the great hype, 2 phones were even resold for €5,000 on eBay unopened. This is more than 8x the normal price of the phone. 20 phones sold for more than €2,000. All because of Bonk’s share price appreciation. Since Bonk’s inception, this memecoin has since risen some 800% and enthusiasts believe it will rise much more.
