Saga Phone Surges in Demand Thanks to BONK Meme Coin
The Solana Saga phone, which initially struggled to find its market, has seen a remarkable turnaround in demand. Units of the phone are now being sold for as much as $5,000 on Ebay, far exceeding its reduced price of $599. This surge in interest is primarily driven by the exponential growth of the Solana-based meme coin, BONK, which has experienced a staggering 10,000% surge in value over the past two months.
Changing the Narrative: BONK’s Impact on the Saga Phone
The Saga phone faced disappointing sales and an uncertain future before the rise of BONK. However, the recent craze around this dog-themed meme token has completely transformed the situation. Last week, every new Saga phone came with a 30 million BONK token airdrop. As BONK’s price skyrocketed, surpassing the phone’s cost, the Saga phones quickly sold out on the official website.
Resale Value Soars on Ebay
The demand for Saga phones is evident through their resale prices on Ebay, with some units selling for over $2,000 and even reaching $5,000. This surge in demand clearly reflects the market’s response to the increasing value of BONK and the potential for further appreciation. Buyers are speculating on the meme coin’s continued upward trajectory, hoping for even higher returns.
Expanding Incentives
The popularity of BONK has caught the attention of other Solana-based projects, such as Solend and Samoyed Coin. These projects have announced plans to offer airdrops to Saga phone holders, further incentivizing ownership of the phone.
Hot Take: BONK Craze Boosts Saga Phone to New Heights
Fueled by the explosive growth of the BONK meme coin, the Solana Saga phone’s market interest has soared, with units selling for up to $5,000 on Ebay, far exceeding its reduced price of $599.
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