The initial cost of the Saga smartphone was $599, and sales were low. However, after the announcement of the distribution of Bonk tokens, interest in the device significantly increased. Initially, the price of the phone rose to $2,000, then to $3,000, and currently, it fluctuates around $5,000.
The phone's crypto wallet holds 30 million Bonk tokens, which are worth approximately $610 at the current exchange rate. There are no available devices on the company's official website anymore.
After cryptocurrency exchanges Binance and Coinbase announced the listing of Bonk, the price of the meme coin doubled. In two months, the token has appreciated by more than 10,000%. Currently, Bonk ranks 43rd among the largest crypto assets.
One of the factors that may have influenced the price increase of Bonk is its association with the Solana blockchain. The cryptocurrency SOL is gaining popularity, and since reaching $8, it has grown by more than 395%.
