BONK's surge catapults Solana Saga phones to $2K as sealed, unopened boxes now include a 30 million BONK token airdrop, breathing new life into previously lackluster Saga sales. Initially labeled a "failure," these phones are reselling for up to $5,000 on eBay, with many listed as sealed and unopened.
The uptick in sales coincided with arbitrage traders chasing the 30 million BONK token airdrop, valued over $700 at its peak last week—remarkable considering the phone's $599 price tag. The boost follows the November popularity spike of BONK, a dog-themed meme token, which contributed to a 110% surge in 24 hours and a 700% increase over 30 days.
This unexpected turn seems to have positively impacted the Saga phone, which faced uncertainty about its future due to sluggish sales. Solana founder Anatoly Yakovenko had expressed reservations, stating,
"We haven’t seen a ton of signal whether that’s a compelling enough thing to sell 50,000 units." Originally priced at $1,000, the Saga phone had its cost reduced to $599 in August after its initial release earlier in the year.
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