The marketplace for Solana Saga smartphones is witnessing an unprecedented surge, with current gross sales on eBay reaching as excessive as $5,000, far exceeding the preliminary retail value.
This spike in demand and worth is primarily pushed by the elevated hype round BONK, a Solana-based meme coin, and expectations of profitable future airdrops.
Excessive Demand for Saga Telephones Causes Costs to Soar on eBay
A current surge in demand for Solana Saga telephones has led to their sale on eBay for costs as excessive as $5,000, considerably above the unique retail value of $599.
Based on a December 16 listing, two new, boxed telephones have been offered for $5,000, or the perfect supply, with one other going for $3,316. Round 20 models have been offered over the weekend at costs exceeding $2,000, marking a considerable enhance from the preliminary price.
Initially, the Solana Saga cellphone skilled poor gross sales. Nevertheless, the situation flipped as merchants acknowledged a possibility for arbitrage.
Since its launch, every cellphone has come bundled with an airdrop of 30 million BONK tokens. The current surge in BONK’s worth, which skyrocketed by practically 800% up to now month, has made these tokens extra beneficial than the cellphone’s price, triggering a shopping for frenzy. This demand has led to the cellphone being offered out on its official web site for the primary time.
Solana Saga Cellphone Good points Momentum with Unique Airdrops
The Saga cellphone additionally comes with different advantages and rewards. It affords a free month of entry to Helium Cellular, a complimentary toy, and particular rewards from apps on Saga’s dApp Retailer. The anticipation of extra airdrops and monetary incentives from varied Solana-based tasks additional enhances this enchantment.
Kyle Samani, Managing Associate at Multicoin, said via a put up on X about a number of extra future airdrops for Saga cellphone customers, including to the already excessive anticipation and pleasure out there.
There are going to be a ton of air drops for @Solana @solanamobile Saga homeowners over the subsequent 12 months
h/t @kankanivishal
— Built-in Kyle e/acc (@KyleSamani) December 16, 2023
In response to the put up on X, the pseudonymous founding father of DeFi protocol Solend confirmed plans for an airdrop solely for Saga cellphone holders.
The memecoin mission Samoyed Coin (SAMO) introduced an upcoming airdrop for Saga holders, with additional particulars to be revealed quickly.
🚨 WHERE MY $SOL SAGA FAMO AT?! 🚨
Sure, it’s TRUE! #Solana Saga Holders are going to get airdropped $SAMO! 🐶🪂
We hope you bought your paws on one earlier than it was too late…
DETAILS COMING SOON. 🙌 pic.twitter.com/yePhuOfoqM
— Samoyedcoin (SAMO) (@samoyedcoin) December 16, 2023
GenesysGo, a decentralized storage supplier, has additionally announced that customers can mine its Shadow (SHDW) token by way of an software on the Saga cellphone.
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