News - Solana cell phone sold out by memecoin explosion

By Mike Hesp

Solana cell phone sold out by memecoin explosion

Solana (SOL)

The memecoin Bonk continues to rise unabated. The allowance on the Solana cell phone is now higher than the actual purchase price.

Demand for crypto company's "Saga" smartphone Solana has skyrocketed in recent days. The model is now sold out in the US, tweeted Solana co-founder Raj Gokal. In Europe, 5,000 copies are still available.

The reason seems to be Bonk's continued price rally. Memecoin continues to rise more than 120 percent on a daily basis, reaching a new all-time high.

The smartphone contains an allowance in Bonk. This is now even higher than the purchase price of "Saga" if the Bonk is converted directly into dollars.

In August, the price was reduced in the US from $ 999 to $ 599 due to low demand. Solana co-founder Anatoly Yakavenko has already suggested raising the price again.

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