Solana’s dog coin BONK increases by 1200% per month, Saga smartphones are sold out due to expectations for Air Dro

Solana’s meme coin “BONK” is growing rapidly

In the recent crypto asset (virtual currency) market, the meme coin “BONK” of the Solana (SOL) ecosystem has been attracting attention. The dog-themed cryptocurrency has gained more than 1,200% in the past 30 days after being listed on major crypto exchanges like Binance (Global) and Coinbase, with a market capitalization of approximately 300 billion yen, ranking 41st in the market.

Source: CoinGecko

This rapid growth has made BONK the second largest meme coin after Dogecoin and ShibaInu.

On the 15th, Binance placed BONK/USDT, BONK/FDUSD, and BONK/TRY as new BONK spot trading pairs in the “Seed Tags (requires passing a special quiz)” section, and started trading from the afternoon of the same day. . Furthermore, Binance plans to open a margin trading market for BONK/USDT within 48 hours from 17:00 on December 15, 2023 Japan time.

Also, on the 14th, Coinbase announced the listing of BONK.

connection:Cryptocurrency exchange Coinbase newly lists Solana-related stocks

Sales of Saga smartphones are rapidly increasing

On the other hand, sales of Solana’s smartphone “Saga” are rapidly increasing due to the significant increase in BONK. Saga buyers can receive 30 million BONK for free as a BONK airdrop. At current prices, this airdrop is worth $877, or $278 more than the Saga phone’s $599 price.

Due to this phenomenon, “Solana phone sales have increased over 10x in the past 48 hours and are on track to sell out by the end of the year,” Solana co-founder Raj Gokal wrote in a post on his X. Meanwhile, Solana Mobile has announced that its Saga phones are sold out in the US and are only available in Europe. Additionally, due to the rush of buyers, the company announced that future orders will be limited to one unit per household.

In response to this situation, Solana Labs CEO and co-founder Anatoly Yakovenko has proposed increasing the price of Saga. In August of this year, the price was lowered from $999 to $599 due to weak sales at the time.

connection:“Altcoin season” has arrived, with meme coins BONK, ORDI, PoW-based KAS, etc. achieving record increases

connection:Solana’s breakthrough, market influence of blockchain technology driving 500% annual growth

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