🚀🚀🚀 BONK's Surge Sends #SolanaSagaPhones Prices Soaring! 🚀🚀🚀
30 Million #Bonk Tokens #Airdrop🪂 Sparks Frenzy
Saga phone sales experienced a sudden uptick last week when arbitrage traders chased a 30 million BONK token airdrop, distributed to every phone owner. The airdrop, initially valued at over $700, proved to be a significant incentive for buyers, considering the phone's original cost of $599.
From 'Failure' to High Demand: Saga Phone's Revival
Despite initial disappointment in the phone's sales, the surge in BONK token popularity led to a remarkable resurgence in Saga phone demand. Some phones, listed as "sealed and unopened," were sold for over $2K on eBay, with reports of one phone reaching a staggering $5K, as reported by The Block.
Solana phone sells out in US
The unexpected rise of the dog-themed meme token, BONK, has breathed new life into the sales of Solana's Saga phone. Originally considered a "failure" by its makers, Saga phones are now fetching prices as high as $5,000 on online marketplaces like eBay.
Founders' Take and Future Trajectory
Initially cautious, Solana founder Anatoly Yakovenko had expressed skepticism about Saga phone sales. However, with the recent surge driven by BONK, the narrative is shifting. Despite price cuts from $1,000 to $599, co-founder Raj Gokal's announcement of a sold-out inventory indicates a potential turnaround. The founders' perspectives may be evolving with the unexpected boost in demand.
#CryptoNews🔒📰🚫 #BinanceSquareTrends $BONK $SOL