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Solana phone sales skyrocket as degens scramble for pumped-up BONK

Solana phone sales skyrocket as degens scramble for pumped-up BONK

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Source: Coin Telegraph

At current prices, the free BONK airdrop for Saga owners stands at $877, making it — at least temporarily — a “phone that pays for itself.”

Memecoin hopefuls have been snapping Solana’s crypto phone in droves after a recent price hike for Solana memecoin Bonk (BONK), which has risen more than 1,100% in the last 30 days. 

Since the Solana phone was launched on May 8 this year, new owners have been able to claim a free 30 million airdrop of the memecoin, but a recent rise in the token’s price has presented an interesting arbitrage opportunity for buyers.

“Solana phone sales have >10x’d in the past 48 hours, and are now on track to sell out before the new year,” wrote Solana co-founder Raj Gokal in a Dec. 15 post to X (formerly Twitter).

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Author: Tom Mitchelhill