"Everyone at that time looked down on Solana's phone, now many are fighting over it."
BONK, which is increasingly known to many people, managed to increase the sales of the Solana Saga phone drastically when the price of the Solana memecoin climbed to $0.000035 on December 15 last week.
Although the sellers are mostly from the United States (US), some Solana Saga phones on the online market eBay (EBAY) are reported to be sold for more than $2,000 but it should be noted that one phone has been sold as high as $5,000.
Last week, sales of the $599 Solana Saga phone took a nosedive as several arbitrage traders* flocked to airdrop 30 million BONK tokens worth $700 that will be given to each owner of the phone.
The phone reportedly went on sale earlier this year, but the price was cut from $1,000 to $599 in August 2023.
Earlier in November 2023, BONK gained rapid popularity among blockchain users when its price surged by 110% in 24 hours then extended its 30-day gains at over 700%.
Following the significant increase in the price of BONK, the fortunes of the Solana Saga phone became better as its sales increased even though many people questioned its future.
According to Anatoly Yakovenko, the founder of Solana said that selling 25,000 to 50,000 units of the Solana Saga phone means that there is a very strong user base for the developer.
As of this writing, BONK price has surged by 5.36% to $0.000022 in the last 24 hours with a market capitalization of over $1 billion then recorded an 81.52% climb over the last week.
