News and Analytics

The growth of the BONK rate led to a 10-fold increase in sales of Solana smartphones
0

The growth of the BONK rate led to a 10-fold increase in sales of Solana smartphones

Dec 15, 2023

Raj Gokal, one of the co-founders of the cryptocurrency startup Solana (SOL), has announced a tenfold increase in the sales volume of Saga model smartphones.

Solana phone sales have increased more than tenfold in the last 48 hours, and at this rate, they will be sold out by New Year's.Gokal stated.

The interesting surge in demand for Saga model smartphones is explained by the significant rise in the value of the cryptocurrency Bonk (BONK) – the first meme cryptocurrency on the Solana blockchain. With each smartphone purchase, the user becomes a participant in an airdrop and receives a valuable reward of 30 million BONK, which is currently valued at $869.

It should be noted that on the official Solana Mobile website, the price of the phone is $599, which implies a potential profit of $270 when purchasing the device.

In November, the Bonk price started to rise rapidly, increasing almost 12-fold in a month. Furthermore, on December 14th, the token continued to rise, gaining 102% in the last 24 hours. If this upward trend continues, Saga owners could potentially earn even more.

However, it's worth noting that the manufacturer does not deliver smartphones to Russia, and local online stores no longer have this model in stock.

Comments

Latest analytics

Bead Pay: Cryptocurrency...

Bead Pay: Cryptocurrency Solutions for Global Payments

Bobby Zagotta and...

Bobby Zagotta and His Impact on the Crypto Industry

Show more

Latest Dapp Articles

Show more

You may also like