Crypto Live News

Saga Phone Sales Skyrocket as BONK Meme Coin Sparks Frenzy

  • Solana Saga phone sales surge amid BONK meme price hike.
  • Solana’s Saga phone sees a turnaround around the same time as 10,000% BONK surge.
  • Saga phone demand spikes sent the asset of up to $5,000 in value.

In an unexpected turn of events, the Solana Saga phone is experiencing a surge in market interest, fetching prices of up to $5,000 on eBay, far surpassing its reduced summer price of $599. The turnaround comes in the wake of the explosive growth of the BONK meme coin, which has witnessed a remarkable 10,000% surge in the past two months.

Read CRYPTONEWSLAND on google news

Initially struggling to find its market, the Saga phone, released earlier this year at $1,000 and later discounted to $599, faced uncertain prospects amid disappointing sales. Solana founder Anatoly Yakovenko openly acknowledged concerns about the device’s future. However, the recent BONK frenzy has dramatically altered the device’s narrative.

Last week, the inclusion of a 30 million BONK token airdrop with every new Saga phone caught the attention of traders and enthusiasts. As the price of BONK soared, peaking with an over 621% surge in the past month, the value of the airdrop surpassed the phone’s cost, resulting in an unexpected sell-out on the official website.

On eBay, several Saga phones have fetched over $2,000, with listings reaching as high as $5,000. This surge in demand reflects the market’s response to the escalating value of BONK and the anticipation of further appreciation. Buyers are betting on the meme coin’s continued upward trajectory, expecting its value to climb even higher.

The BONK phenomenon has not gone unnoticed by other Solana-based projects, with Solend and Samoyed Coin announcing plans for airdrops to Saga phone holders, further incentivizing ownership.

As Saga’s unexpected success unfolds, speculation arises about the possibility of a follow-up phone in the future. Share your thoughts on this remarkable turn of events in the comments section below.

Read Also

Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.

Recent Posts

Top Airdrops in May 2024: How NOT & DRIFT, Are Revolutionizing the Crypto Market

🚀 Exciting times for crypto! 🌐 Discover how #Notcoin (NOT) & #DriftProtocol (DRIFT) are changing…

3 hours ago

Satoshi’s Vault: Unintended BTC Transfer Raises Questions on Dormant Wallets

Discover how a costly Bitcoin transfer to Satoshi Nakamoto's address sparks intrigue and debate in…

5 hours ago

Power vs. Profits: Venezuela’s Crypto Ban Aims to Revive Its Energy Grid

Venezuela bans crypto mining to stabilize power, confiscating devices & targeting corruption. Public collaboration urged…

5 hours ago

From Trump to Bieber: Meet the Top  5 Celebs Dominating the Digital Asset Realm

🚀💰 From Trump to Bieber: Top 5 Celebs Rocking the Crypto World! Check out who's…

5 hours ago

Venezuela Bans Crypto Mining to Stabilize National Power Supply

#Venezuela halts #Bitcoinmining to ensure stable power and reduce blackouts, prioritising energy for citizens over…

6 hours ago

Solana Surpasses 95 Million Daily Transactions: Leading the Speed Race Among Top 30 Blockchains

Solana Blazes Ahead: 95M Daily Transactions! 🌐 CoinGecko's Latest Study Confirms SOL's Lead in Speed…

6 hours ago