Solana’s Saga Phones Run Out of Stock as BONK Craze Boosts Demand

Solana’s web3 smartphone, Saga, has seen a surge in demand amid the explosive rise of BONK, a meme coin that rewards Saga buyers with a generous airdrop.

Saga is a flagship Android phone that was launched by Solana Mobile, a subsidiary of Solana Labs, in June 2023. The phone is designed to offer a seamless web3 experience for users, with features such as a built-in crypto wallet, a decentralized app store, and a secure element for private key management.

BONK is a dog-themed meme coin that was created on the Solana blockchain in December 2022. The coin claims to be the first community-driven token on Solana, with 50% of the total supply airdropped to Solana users, artists, developers, and NFT collectors. BONK also partnered with Solana Mobile to offer a special incentive for Saga buyers: a free airdrop of 30 million BONK tokens, worth about $420 at the current price.

Solana’s Saga Phones Run Out of Stock as BONK Craze Boosts Demand
Solana’s Saga Phones Run Out of Stock as BONK Craze Boosts Demand

How BONK boosted Saga sales

BONK has been one of the best-performing cryptocurrencies in the past week, soaring by over 1,100% and reaching a market capitalization of over $900 million. The coin has also surpassed the trading volume of popular meme coins like Dogecoin and Shiba Inu, attracting attention from crypto enthusiasts and investors.

One of the main drivers of BONK’s rally is the airdrop offer for Saga buyers, which has created a strong demand for the phone. According to Solana Mobile, Saga has sold out in the US, and only a few units are left for Europe. The phone, which costs $1,000, is expected to ship in early 2023.

Some Saga buyers have also reported receiving their BONK tokens ahead of schedule, adding to the excitement and speculation around the coin. BONK’s official Twitter account has been posting updates and testimonials from happy customers, as well as teasing new partnerships and developments.

What’s next for Saga and BONK?

Solana Mobile has said that it is working hard to meet the demand for Saga, and that it will announce new availability dates soon. The company has also promised to deliver more features and improvements for the phone, such as support for more dApps, wallets, and NFT platforms.

BONK, meanwhile, has hinted at some upcoming announcements that could further boost its price and popularity. The coin’s website states that it plans to launch a decentralized exchange, a governance platform, a charity program, and a gaming ecosystem, all powered by BONK. The coin also aims to become a universal payment method for all Solana-based dApps, and to expand its community and reach.

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