Solana’s beforehand underperforming Saga smartphone has skilled a sudden and overwhelming surge in gross sales.

This surprising improvement 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 provided solely to those that obtain the Bonk app by means of the Saga telephone dApp retailer.

This provide has change into particularly profitable because of the current BONK market worth enhance. 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 consumers to the Saga telephone, boosting its gross sales by greater than tenfold in simply 48 hours.

Raj Gokal, co-founder of Solana, reported this enhance in gross sales on social media, noting that the telephone is on monitor to promote out earlier than the 12 months’s finish.

lol. simply so everyone seems to be conscious, @solanamobile saga gross sales have >10x’d previously 48 hours, and are actually on monitor to promote out earlier than the brand new 12 months.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 lower 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 consumer @NFTflooooo who lately bought the Saga telephone took to the platform to share their expertise with the 30 million Bonk declare.

traditional degenerate conduct. purchased a @solanamobile saga telephone hoping it will nonetheless include 30 million $bonk to say. documented the journey of seeing if i acquired 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 current telephone purchases and the anticipated BONK airdrop.

Talking on the Discord server, somebody who claims to be an worker from Solana Cell 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” by way of the dApp retailer.

“The bonk drop is NOT eternally, sooner or later that promotion will finish,” the worker named Jax additional said. The airdrop declare is at present reside, with the tip date to be decided by the BONK group.