Due to the huge demand for the BONK meme token airdrop, prices for Saga web smartphones from Solana on the eBay platform have risen above the $2,000 mark.
Some devices are bought for even more - two phones went for $5,000 , and another was purchased for $3,361 . Sales of Solana smartphones increased more than 10 times after traders found an arbitrage opportunity.
Saga holders receive a guaranteed distribution of 30 million BONK. Considering the recent growth of the coin , their cost completely pays for the smartphone.
At the peak of the asset, users received about $900 in meme cryptocurrency for a device costing $599. At the time of writing, this amount of BONK is worth about $610.
According to CoinGecko , the coin's capitalization is $1.2 billion with a daily trading turnover of $537 million.
Saga also offers a number of other benefits , including a month of free access to the Helium wireless network, bonuses in the Web3 game Honeyland, early access to the Genopets project and NFTs .
In early December, Solana co-founder Anatoly Yakovenko reported low smartphone sales - at that time, about 2,200 devices were sold.
Let us recall that in November, CertiK analysts identified a critical vulnerability in the Web3 phone, which allows the user’s cryptocurrencies to be stolen.
