A Solana Saga telephone seems to have offered for as a lot as $5,000 on eBay — greater than eight occasions its retail price — after a frenzy to choose up a free memecoin airdrop prompted the gadgets to promote out on the official web site for the primary time.
In keeping with a Dec. 16 itemizing on the web market eBay, two unopened, in-box telephones have lately offered, listed for $5,000 or “finest supply,” whereas one other system has offered for $3,316 or “finest supply.”
An extra 20 gadgets managed to promote for over $2,000 over the weekend, a greater than $1,400 markup on the unique $599 price ticket on the Solana Cellular web site.
Because the system launched on Might 8, every new Saga telephone has include a free 30 million Bonk (BONK) token airdrop. Merchants final week started noticing {that a} value surge in Bonk meant that the free airdrop has grow to be extra priceless than the system itself — inflicting the telephone to grow to be “SOLD OUT” as of Dec. 16.
The Saga is SOLD OUT!
Phrases can not describe how a lot we recognize your help. We’re nothing with out this superb group
Whereas these previous few days shall be cemented in our historical past, we’re excited for the long run
Keep tuned ✨ pic.twitter.com/KJje8lBDLL
— Solana Cellular (@solanamobile) December 16, 2023
Patrons of those scalped Saga telephones are probably a guess that the worth of the memecoin will proceed to understand even additional. Within the final 30 days, Bonk surged almost 800% because the token gained mass traction amongst memecoin lovers and opportunistic merchants.
Nonetheless, for merchants to revenue from the eye-watering $5,000 price ticket, the worth of Bonk would wish to develop an additional 620% from its present worth. This is able to see Bonk command a complete market cap of $8.68 billion — putting it at the same valuation to Tron (TRX) or Polkadot (DOT).
Associated: Solana telephone gross sales skyrocket as degens scramble for pumped-up BONK
Nonetheless, it will appear that the telephone consumers will not be solely betting on the worth of Bonk, with a number of Solana-based initiatives lately saying airdrops and different monetary incentives for system customers.
In a Dec. 17 publish to X (previously Twitter) the pseudonymous founding father of the DeFi protocol, Solend confirmed that the staff can be engaged on an airdrop for Saga telephone holders.
true, solend is engaged on an airdrop for saga homeowners https://t.co/1EnphaJV5J
— Rooter | Solend (@0xrooter) December 16, 2023
Moreover, a fellow memecoin undertaking referred to as Samoyed Coin (SAMO) introduced they’d be releasing an airdrop for Saga holders, with extra particulars “coming quickly.”
On Nov. 15. decentralized storage supplier GenesysGo beforehand introduced that customers would be capable of mine its native Shadow (SHDW) token by the use of an utility on the Saga telephone.
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