The Solana SOL/USD Saga phones have fetched remarkable prices of up to $5,000 on eBay due to a frenzy surrounding the free Bonk memecoin airdrop included with each phone. Although the Saga phone was initially launched with a $599 price tag, traders and memecoin enthusiasts noticed a significant surge in Bonk value ⏤ which subsequently triggered a renewed interest in the phone. As a result, the phones have now sold out both on the official website and eBay for the first time. Both individual eBay sellers and vendors have raked in large profits after bagging over $2,000 for each phone, a clear sign that traders are speculating off the continuous rise in Bonk prices.
In addition to expanding Bonk’s market cap as a true rival to the Dogecoin Killer, Shiba Inu, numerous Solana-based projects have previously announced exclusive airdrops and incentives for Saga phone users suggesting that phone buyers may not be solely partaking in Bonk speculation. Solend, for instance recently indicated that it will be offering phone holders an airdrop of its native tokens. Therefore, if phone owners decide to capitalize on this airdrop, then with a current estimated market cap growth of 620% for Bonk, investors can potentially turn around a sound profit just off a $5,000 bag investment.
