Saga Phones Selling for Over $2,000 on eBay
The Saga phones, which initially had disappointing sales, are now being resold on platforms like eBay for prices exceeding $2,000. Completed listings on eBay show that some phones have even sold for higher amounts. Recently, two phones reportedly sold for $5,000 and another phone sold for $3,361. While some sellers already have the device in hand, others are waiting for the phone to ship.
Arbitrage Opportunity with BONK Tokens
The rapid sellout of Saga phones can be attributed to an arbitrage opportunity that traders noticed. Each phone came with 30 million BONK tokens, a meme coin based on Solana. As the price of BONK rose quickly, the value of the airdropped tokens became higher than the phone itself, driving up demand for the phone.
Additional Benefits of Saga Phone
Aside from the potential value of the airdropped tokens, the Saga phone also offers other benefits. Buyers receive a free month of access to Helium Mobile and a free toy. Additionally, apps on Saga’s dApp Store can reward Saga holders with special benefits and rewards.
Hot Take: Saga Phones Become Valuable Collectibles
The Saga phones, once considered underwhelming in terms of sales, have now become valuable collectibles fetching high prices on resale platforms like eBay. The inclusion of 30 million BONK tokens with each phone created an arbitrage opportunity that significantly increased their demand. Sellers have successfully sold these phones for thousands of dollars, indicating their growing popularity among crypto enthusiasts. With additional benefits such as free access to Helium Mobile and potential rewards from dApp Store apps, owning a Saga phone has become more than just a smartphone purchase—it’s a chance to be part of a lucrative crypto ecosystem.
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