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The airdrop of memcoins covered the cost of pre-ordering the Chapter 2 smartphone from Solana

  • Users who pre-ordered Chapter 2 received a special promotion from Maneki and Cat in a Dogs World.
  • Amidst a surge in token prices, the distribution value reached $459.
  • This exceeded the pre-order cost of the smartphone, which was $450.
  • However, when the asset price subsequently dropped, it impacted the overall value of the promotion.

SolanaFloor experts reported that Maneki and Cat in a Dogs World collaborated to provide a promotional airdrop, covering the pre-order cost of the Chapter 2 smartphone from Solana Mobile, which was priced at $450.

According to the teams involved, both Saga smartphone owners and those who pre-ordered Chapter 2 received the following:

  • 5199 Maneki (MANEKI) tokens;
  • 36,700 Cat in a Dogs World (MEW) tokens.

As of April 25, 2024, the tokens were valued at $459, slightly higher than the pre-order price of $450 on the official Solana Mobile website.

However, since then, the asset prices have declined, with MANEKI trading at $0.018 and MEW at $0.0048. Consequently, the valuation of the airdrop plummeted to approximately $270.

It is worth noting that when users pre-ordered Chapter 2, they were required to specify a wallet address on the Solana network. This allowed them to receive the tokens instantly and potentially sell them at a higher price.

In January 2024, Solana Mobile announced Chapter 2, and by February, the number of pre-orders reached over 100,000.

Prior to the Chapter 2 announcement, Saga smartphone owners had already received an airdrop from the BONK project. This caused a surge in sales, as the estimated value of the giveaway was around $900, while the device was priced at $599.

Don’t forget to check out Incrypted’s review of Saga on our YouTube channel: