Cat-themed airdrops for the upcoming Solana “Chapter 2” cell phone might cowl the price of the system alone forward of its tentative 2025 rollout.
The airdrop of 5,199 newly-launched Maneki (MANEKI) tokens on April 24, mixed with an earlier airdrop of 37,600 Cat in a Canine World (MEW) tokens on April 1, briefly coated the pre-order value of Chapter 2 on Thursday. The 2 airdrops alone reached a price of $459 at one level, in comparison with the $450 value of the system, in response to Solana Floor.
MANEKI is buying and selling up greater than 10% over the previous 24 hours, although MEW is down 3%, per CoinGecko information. The MANEKI airdrop is presently valued at $127.38 and MEW’s at $214.78, in response to the Two Loot dashboard.
Mixed with $43.45 price of three different memecoin airdrops — WUFFI, IQ50 and CWIF — the whole Chapter 2 airdrop worth is presently $385.62.
Solana Cell unveiled the cheaper Chapter 2 because the successor to its first crypto cellphone, Saga, in January, reaching 60,000 pre-orders inside a month, and is predicted to ship within the first half of 2025. Prospects pre-ordering the cellphone can join their Solana pockets addresses, that means they’re eligible to obtain the airdrops earlier than they obtain the system.
The brand new cellphone contains the identical options as Saga — together with a built-in crypto pockets, dapp retailer and customized Android software program — however will use completely different {hardware}.
Cats vs canines
A number of cat-themed memecoins may quickly cowl the price of the Chapter 2 if their costs rise, just like how a single dog-themed token, Bonk, beforehand coated the price of the unique Saga system.
Initially priced at $1,000, the primary Saga cellphone’s value was lowered to $599 attributable to sluggish gross sales. Nevertheless, in December, the worth of the Solana-based memecoin Bonk soared by over 800%. Since every system included 30 million BONK tokens, their mixed worth quickly surpassed that of the cellphone itself.
This enhance in worth triggered the speedy sale of the corporate’s restricted stock of 20,000 telephones, with some orders being canceled and refunded attributable to inventory shortages. Reviews point out that a few of these telephones have been resold on eBay for as a lot as $5,000.
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