Summary
Solana mobile has sold out of its Saga phones in the US market, marking a surprising turnaround from low sales just a few months ago. The surge in demand is believed to be linked to the Solana memecoin, BONK, which offers rewards to new phone owners. The allocation of 30 million BONK tokens, first offered as an airdrop, now holds significant value. The cost of the phone can be offset by the value of the BONK tokens, creating an arbitrage opportunity. While the influx of new sales is promising, there is still work to be done to attract developers and release crypto-incentivized apps to Saga users.
Key Points
– Solana mobile has sold out of its Saga phones in the US market, a significant turnaround from previous low sales.
– The surge in demand is believed to be due to the value of the Solana memecoin, BONK, which offers rewards to new phone owners.
– The allocation of 30 million BONK tokens, first offered as an airdrop, has skyrocketed in value.
– The cost of the phone can be offset by the value of the BONK tokens, creating an arbitrage opportunity for potential buyers.
– The influx of new sales gives the project new life, but there is still work to be done to attract developers and release crypto-incentivized apps to Saga users.