Solana’s beforehand underperforming Saga smartphone has skilled a sudden and overwhelming surge in gross sales.
This sudden growth is attributed primarily to the rising fascination with BONK, a meme coin on the Solana blockchain.
Solana’s Saga Telephone Gross sales Skyrocket with BONK Airdrop
This distinctive scenario started with an announcement in June about an airdrop of 30 million BONK tokens supplied completely to those that obtain the Bonk app by the Saga telephone dApp retailer.
This provide has grow to be particularly profitable as a result of latest BONK market worth improve. The worth of the airdrop now stands at round $926, exceeding the telephone’s promoting worth of $599 by $327.
This distinction has created an irresistible arbitrage alternative the place the worth of the airdrop surpasses the price of the telephone itself, which has drawn scores of patrons to the Saga telephone, boosting its gross sales by greater than tenfold in simply 48 hours.
Raj Gokal, co-founder of Solana, reported this improve in gross sales on social media, noting that the telephone is on observe to promote out earlier than the yr’s finish.
lol. simply so everyone seems to be conscious, @solanamobile saga gross sales have >10x’d prior to now 48 hours, and are actually on observe to promote out earlier than the brand new yr.https://t.co/SzKht4DTYL
— raj 🖤 (@rajgokal) December 14, 2023
The surge is so substantial that Solana’s different co-founder, Anatoly Yakovenko, has thought of raising the telephone’s worth.
The Saga telephone initially had poor gross sales figures and bleak prospects and has undergone a outstanding turnaround.
The blockchain-enabled smartphone, designed with options for securely storing crypto on its {hardware}, was as soon as priced at $1,000 however noticed a minimize to $599 because of its poor efficiency after its launch available in the market.
Airdrop Frenzy Ignites Group Buzz on Discord
BONK, Solana’s dog-themed counterpart to Dogecoin, has performed a pivotal function within the resurgence of curiosity within the Saga telephone.
On December 15, an X person @NFTflooooo who just lately bought the Saga telephone took to the platform to share their expertise with the 30 million Bonk declare.
basic degenerate habits. purchased a @solanamobile saga telephone hoping it could nonetheless include 30 million $bonk to say. documented the journey of seeing if i received rekt or nah pic.twitter.com/aUzdI9ClFj
— tflo (@NFTflooooo) December 15, 2023
This pattern has been mirrored within the Saga Discord server, the place new members have eagerly mentioned their latest telephone purchases and the anticipated BONK airdrop.
Talking on the Discord server, somebody who claims to be an worker from Solana Cellular clarified the method for claiming the airdrop.
The BONK airdrop is accessible by downloading the BONK app from Saga’s customized app retailer, a platform tailor-made for cryptocurrency functions. To qualify for the airdrop, people should personal a Saga telephone and mint a “Genesis token” through the dApp retailer.
“The bonk drop is NOT perpetually, sooner or later that promotion will finish,” the worker named Jax additional acknowledged. The airdrop declare is presently stay, with the tip date to be decided by the BONK crew.
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