BONK Hype Causes Solana Saga Phones to Sell for As High as $5,000!
<p> "Everyone at that time looked down on Solana's phone, now many are fighting over it."</p><p><br /></p><p>BONK, which is increasingly known to many people, managed to increase the sales of the Solana Saga phone drastically when the price of the Solana memecoin climbed to $0.000035 on December 15 last week.</p><p><br /></p><p>Although the sellers are mostly from the United States (US), some Solana Saga phones on the online market eBay (EBAY) are reported to be sold for more than $2,000 but it should be noted that one phone has been sold as high as $5,000.</p><p><br /></p><p>Last week, sales of the $599 Solana Saga phone took a nosedive as several arbitrage traders* flocked to airdrop 30 million BONK tokens worth $700 that will be given to each owner of the phone.</p><p><br /></p><p><br /></p><p>The phone reportedly went on sale earlier this year, but the price was cut from $1,000 to $599 in August 2023.</p><p><br /></p><p>Earlier in November 2023, BONK gained rapid popularity among blockchain users when its price surged by 110% in 24 hours then extended its 30-day gains at over 700%.</p><p><br /></p><p>Following the significant increase in the price of BONK, the fortunes of the Solana Saga phone became better as its sales increased even though many people questioned its future.</p><p><br /></p><p>According to Anatoly Yakovenko, the founder of Solana said that selling 25,000 to 50,000 units of the Solana Saga phone means that there is a very strong user base for the developer.</p><p><br /></p><p>As of this writing, BONK price has surged by 5.36% to $0.000022 in the last 24 hours with a market capitalization of over $1 billion then recorded an 81.52% climb over the last week.</p>
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