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Solana Mobile has just announced the release of a new phone, titled “Chapter 2” which follows on the heels of the initial Saga phone.
The Saga phone initially had lackluster sales, reportedly only selling 2,500 units up until early December 2023. Not even a price drop in August 2023 from $1000 to $599 USD could boost sales.
Fortunes would turn quickly for Saga phone on the back of the success of the meme coin $BONK. In June 2023, Saga phone holders were eligible to receive 30 million $BONK tokens as an airdrop by downloading a dapp on Saga.
At the time this equated to roughly $10. However, as the price of $BONK rose rapidly in December the airdrop amount was worth more than the price of the phone.
