A mobile phone is sold for more than $5,000 due to a small digital currency.. What happens?

_#Dog-themed digital tokens may have just revived #Solana's.Saga.phone sales, with some now selling for more than $5,000 after their makers had previously deemed them a "failure." Site data shows that many Saga phones have been sold on #eBay for more than $2,000 apiece. Most of these phones are listed as “unlocked and unlocked,” and most of their sellers are from the United States. One of the phones was sold for up to $5,000.

Saga phone sales rose last week, as some traders appeared to be seeking 30 million BONK digital currency to be given to each phone owner. Earlier in November, dog-themed coin Ponk quickly gained popularity among blockchain users, rising by as much as 110% in a single 24-hour period and increasing its 30-day gains to more than 700%. This appears to have lifted the fortunes of the Saga, whose disappointing sales had previously raised uncertainty about its future.

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The Rise Of BONK Increased Solana Phone Prices To Over 2 Thousand Dollars.

#BONK , a dog-themed memecoin, revived sales of Solana's (SOL) Saga phone. The phone, which was initially described as a “failed attempt” by the manufacturers, is now priced up to $5,000.

According to data from online shopping site #eBay , some phones were sold for more than $2,000, and most of the phones were listed as "sealed and unopened."

Sales of #Solana Saga phones attracted the attention of arbitrage traders after the airdrop announcement that would be distributed to every phone owner. The airdrop, consisting of 30 million BONK tokens, was equivalent to $ 700 last week, when the price of the phone was $ 599.

The #BONK token gained rapid popularity in early November, gaining 110 percent in value in a short 24-hour period, pushing its 30-day return to over 700 percent.

The token's rise is now picking up on Solana's disappointing sales.
Raj Gokal, co-founder of Solana, said in his Twitter post:
“Saga sales have increased 10-fold in the last 48 hours and it looks like it will sell out before the new year.”

Encouraged by the sales, Gokal's counterpart Anatoly Yakovenko argued that they should increase the price of the phone.
The price of the phone, which was put on sale earlier this year, was reduced from $ 1000 to $ 599 in August.

Gokal announced on Friday that Saga is sold out in the United States and the European Union
$BTC $BONK $SOL

eBay Could Be Considering Exiting NFT Sector, Reportedly Trims Web3 Team

eBay had acquired KnownOrigin in 2022, hoping to establish itself as an early NFT player.

eBay has not addressed these reported layoffs publicly

Some senior officials of eBay and KnownOrigin have been impacted by layof

eBay maybe restructuring internally but confirmation is awited

#Write2Earn #NFT‬⁩ #eBay $BTC $BNB

- 𝙀-𝙘𝙤𝙢𝙢𝙚𝙧𝙘𝙚 𝙜𝙞𝙖𝙣𝙩 𝙚𝘽𝙖𝙮 𝙝𝙖𝙨 𝙧𝙚𝙥𝙤𝙧𝙩𝙚𝙙𝙡𝙮 𝙘𝙪𝙩 𝙤𝙫𝙚𝙧 30% 𝙤𝙛 𝙞𝙩𝙨 𝙒𝙚𝙗3 𝙩𝙚𝙖𝙢, 𝙡𝙚𝙖𝙙𝙞𝙣𝙜 𝙩𝙤 𝙨𝙥𝙚𝙘𝙪𝙡𝙖𝙩𝙞𝙤𝙣 𝙩𝙝𝙖𝙩 𝙞𝙩 𝙢𝙖𝙮 𝙨𝙝𝙪𝙩 𝙙𝙤𝙬𝙣 𝙞𝙩𝙨 𝙉𝙁𝙏 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨.

- 𝙄𝙣 𝙅𝙪𝙣𝙚 2022, 𝙚𝘽𝙖𝙮 𝙖𝙘𝙦𝙪𝙞𝙧𝙚𝙙 𝙩𝙝𝙚 𝙉𝙁𝙏 𝙢𝙖𝙧𝙠𝙚𝙩𝙥𝙡𝙖𝙘𝙚 𝙆𝙣𝙤𝙬𝙣𝙊𝙧𝙞𝙜𝙞𝙣, 𝙗𝙪𝙩 𝙝𝙖𝙨 𝙨𝙞𝙣𝙘𝙚 𝙘𝙝𝙖𝙣𝙜𝙚𝙙 𝙞𝙩𝙨 𝙒𝙚𝙗3 𝙨𝙩𝙧𝙖𝙩𝙚𝙜𝙮, 𝙬𝙞𝙩𝙝 𝘾𝙝𝙞𝙚𝙛 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙖𝙣𝙙 𝙎𝙩𝙧𝙖𝙩𝙚𝙜𝙮 𝙊𝙛𝙛𝙞𝙘𝙚𝙧 𝙎𝙩𝙚𝙛 𝙅𝙖𝙮 𝙧𝙚𝙨𝙞𝙜𝙣𝙞𝙣𝙜 𝙖𝙣𝙙 𝙧𝙚𝙡𝙖𝙩𝙞𝙤𝙣𝙨 𝙬𝙞𝙩𝙝 𝙆𝙣𝙤𝙬𝙣𝙊𝙧𝙞𝙜𝙞𝙣 𝙙𝙚𝙩𝙚𝙧𝙞𝙤𝙧𝙖𝙩𝙞𝙣𝙜.

- 𝙏𝙝𝙚 𝙘𝙤𝙢𝙥𝙖𝙣𝙮 𝙝𝙖𝙨 𝙨𝙪𝙨𝙥𝙚𝙣𝙙𝙚𝙙 𝙖𝙡𝙡 𝙙𝙞𝙜𝙞𝙩𝙖𝙡 𝙖𝙧𝙩 𝙥𝙧𝙤𝙟𝙚𝙘𝙩𝙨, 𝙖𝙣𝙙 𝙞𝙣𝙩𝙚𝙧𝙣𝙖𝙡 𝙘𝙧𝙞𝙩𝙞𝙘𝙞𝙨𝙢 𝙤𝙛 𝙩𝙝𝙚 𝙡𝙚𝙖𝙙𝙚𝙧𝙨𝙝𝙞𝙥 𝙖𝙣𝙙 𝙨𝙩𝙧𝙖𝙩𝙚𝙜𝙮 𝙩𝙚𝙖𝙢𝙨 𝙝𝙖𝙨 𝙞𝙣𝙘𝙧𝙚𝙖𝙨𝙚𝙙.

- 𝘼𝙢𝙞𝙙 𝙩𝙝𝙚 𝙗𝙚𝙖𝙧𝙞𝙨𝙝 𝙘𝙧𝙮𝙥𝙩𝙤 𝙢𝙖𝙧𝙠𝙚𝙩, 𝙩𝙝𝙚 𝙛𝙪𝙩𝙪𝙧𝙚 𝙤𝙛 𝙚𝘽𝙖𝙮'𝙨 𝙉𝙁𝙏 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙧𝙚𝙢𝙖𝙞𝙣𝙨 𝙪𝙣𝙘𝙚𝙧𝙩𝙖𝙞𝙣.

#eBay #NFT‬⁩

eBay has reduced its workforce at KnownOrigin, an Ethereum-based NFT exchange, including 30% of positions.

#eBay #nft #ethereum #KnownOrigin

Solana Saga Phones Soar in Value Amid BONK Memecoin Craze. 🐶📲

Solana Saga, Solana's flagship phone, has become a hot commodity on eBay, with prices soaring to ten times their original value. This surge in demand is closely tied to the recent explosive growth of the Shiba Inu-themed memecoin, BONK.

Initially facing sales challenges, Solana Saga found a new lease on popularity when memecoin traders discovered its association with the skyrocketing BONK. Priced at $600 initially, these phones are now fetching offers ranging from $2,000 to $5,000 on secondary markets.

The driving force behind this price hike is attributed to sellers physically possessing the phones, coupled with the inherent volatility of memecoins causing significant price fluctuations before the phones are even delivered.

Solana's first memecoin, BONK, witnessed an astonishing 800% increase in December, surpassing a market value of $1.6 billion. However, its sensitivity to market fluctuations has kept investors on their toes.

What adds to the allure of Solana Saga is that each phone comes with a bonus of 30 million BONK tokens—currently more valuable than the phone itself. This unique feature has sparked a global race among investors eager to get their hands on this potentially lucrative package.

The surge in demand for Solana Saga is undeniably fueled by FOMO (Fear of Missing Out), driven by the success of BONK and the potential for long-term profitability. It's a testament to the unpredictable yet captivating nature of the crypto and meme-driven market.

It's worth noting that Solana Saga had initially offered 30 million BONK tokens through an airdrop in June, with the tokens valued at only $10 each at that time. As an added incentive, the phone package includes free NFTs, products, and more, further contributing to its appeal for buyers.

Solana Saga, amidst the BONK craze, symbolizes the blend of tech, crypto, and memes. Its value, influenced by both memes and tech features, captivates investors in this unpredictable journey.

#SAGA #SolanaSaga #BONK #Memecoins #eBay