The resurgence of Solana’s Saga phone sales may be attributed to BONK, a meme token with a dog theme, as some units are now fetching up to $5,000, a remarkable turnaround from its initial classification as a “failure” by the creators.
Data from the online marketplace eBay reveals that numerous Saga phones have been successfully sold for over $2,000 each. The majority of these devices are listed as “sealed and unopened,” and their sellers are primarily located in the United States.
As reported by the Block previously, a single phone commanded a sale price as high as $5,000.
Last week witnessed an uptick in Solana Saga phone sales, driven by arbitrage traders pursuing a 30 million BONK token airdrop awarded to each phone owner. At its peak, the airdrop’s value surpassed $700 last week, a noteworthy increase considering the phone’s retail cost of $599
In the initial days of November, the dog-themed token BONK experienced a swift surge in popularity among users of blockchain, surging by as much as 110% within a single 24-hour span and extending its gains over the preceding 30 days to exceed 700%.
This surge in popularity significantly boosted the prospects of the Saga phone, which had faced uncertainty about its future due to lackluster sales before.
At that moment in the interview, Solana founder Anatoly Yakovenko expressed skepticism about the idea’s compelling nature to drive sales of 50,000 units. He mentioned, “I think hitting the range of 25,000 to 50,000 units is crucial to establishing a dedicated user base that developers find compelling enough to create and deploy applications.’”
The phone became available for purchase earlier this year. In August, its price dropped from $1,000 to $599, a move aimed at making it more affordable and possibly boosting sales, as discussed by Solana founder Anatoly Yakovenko
➖Pikamoon Vs. The Sandbox ➖
Pre-Sale comparison 😎
– Investment raised
– Community
– Developers
– Partners & Team
– Market Capitalisation & Token
– The Opportunity
Thread 🧵 Don’t miss this ↙️ pic.twitter.com/3lIMUuFOt4— Pikamoon (@PikaMoonCoin) November 3, 2023
As the Play-to-Earn (P2E) sector experiences a resurgence in anticipation of the April 2024 Bitcoin halving and ETF approvals, crypto enthusiasts are eager to explore innovative opportunities. Among the standout projects in terms of creativity, hype, and long-term potential, Pikamoon takes the lead, aligning with the dynamic landscape of P2E and providing investors with an exciting avenue for engagement and growth.
This P2E initiative stands out as a deflationary coin, enriched with inherent utility and a compelling use case. Pikamoon offers an immersive experience, featuring a plethora of NFT avatars, an expansive open world for exploration, engaging side quests, tradable in-game assets, and a host of additional features.
In the midst of a highly prosperous presale, the project has garnered an impressive sum, expected to reach $6 million. As it enters its concluding presale phase, investors find themselves with a final chance to secure it at a set price before it becomes available on the open market.
Unlocking Potential: Analysts Weigh In on Pikamoon’s Rise, Is it the Next Pepe? Discover the Buzz!
Last summer, Pepe embarked on an extraordinary bear market surge, evolving from an obscure meme coin to a colossal $1.8 billion market cap entity within just one month. Now, with Pikamoon offering a similarly novel vibe and notably enhanced utility, the question arises: Could Pikamoon be poised to follow in Pepe’s groundbreaking footsteps?
In a recent video, Analyst WallStreetKing delves into speculation about Pikamoon potentially being the next major player in the realm of meme coins. The analysis points out a noteworthy trend, observing that profits from Pepe whales are flowing into the Pikamoon presale.
Simultaneously, The Daily Grind Trader has labeled $PIKA as a potential 1000x token, emphasizing its appeal as an exhilarating project backed by a compelling use case and a robust team. This sentiment aligns with the ongoing buzz surrounding Pikamoon and the observed migration of profits from Pepe whales into its presale.
Jacob Bury expresses optimism about Pikamoon, having produced an early video during its presale, highlighting its abundant potential. While the extent of Pikamoon’s success compared to Pepe and other rapidly growing meme coins is yet to unfold, analysts unanimously agree that it undeniably stands out as a high-potential project.
Pikamoon Token Unveils Robust Anti-Rug Measures: A Blueprint for Long-Term Prosperity
Pikamoon’s presale triumph can be attributed to the foundation of trust and dependability it has built, underpinned by a series of robust “anti-rug” initiatives. In essence, the project is dedicated to eliminating the potential for rug pulls by upholding the utmost standards of security and transparency.
The project kicks off with a team that is fully “doxxed,” and their activities are transparently shared through a dedicated YouTube channel, offering a glimpse into the project’s inner workings. Additionally, Pikamoon underwent a thorough audit conducted by the blockchain security firm Coin Sniper KYC. The audit report highlights that the project successfully underwent a Know Your Customer (KYC) process, providing assurance against potential rug pulls.
Coin Sniper KYC asserts that they possess the identities of the team and are committed to taking legal action, including filing a criminal complaint, should the team engage in a rug pull or any fraudulent activities.
In essence, a project intending to execute a rug pull would not voluntarily undergo scrutiny by a security firm like Coin Sniper KYC. This underscores Pikamoon’s legitimacy and signals its potential for long-term success.
Dive into Pikamoon’s Tokenomics and Exclusive Presale Insights!
Beyond its utility in navigating the in-game economy, $PIKA holders can engage in staking for lockup periods of three, six, or twelve months. This strategic move not only allows them to accrue passive rewards but also serves to alleviate sell pressure on the token.
The distribution plan designates 30% of $PIKA tokens to the presale, allocates 32% to the ecosystem development fund, reserves 12.5% for the team and advisors, designates 10% for staking rewards, assigns 8% to marketing efforts, and earmarks 7.5% for liquidity purposes.
A 2.5% transaction tax will be applicable to both sell and transfer orders. Of this, 1% of transfers will contribute to marketing initiatives, another 1% will bolster the ecosystem development fund, and the remaining 0.5% will be subjected to a burn mechanism. Importantly, buy orders will not incur any tax.
This encourages people to hold onto the token for a longer time, which helps the Pikamoon ecosystem grow steadily. The token is currently in its last presale round and is priced at $0.0006. After this round, it will be available on the open market, starting at a price of $0.0007.
$PIKA is a type of digital token that you can get on the Pikamoon website or using wallets like MetaMask. For the presale, you can use Ethereum (ETH) to make payments. But be quick—since the last round is selling out fast, investors don’t have much time left to grab $PIKA at a lower price.
Find out more about Pikamoon (PIKA):
Buy Now: https://pikamoon.io/buy
Website: https://pikamoon.io
Twitter: https://twitter.com/Pikamooncoin
Telegram: https://t.me/pikamoonofficial
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