Speculators decided to resell Saga smartphones

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.