Saga Phone Owners Receive an Airdrop from Access Protocol

Saga phone owners receive an airdrop from Access Protocol

According to the announcement on the evening of December 19, Access Protocol will give away 100,000 ACS tokens (equivalent to about 250 USD) to each owner of Saga, continuing the same success as the memecoin Bonk project – a project that helped promote sales of this phone indirectly.

Access 🤝 @solanamobile ecosystem 🪂

The first of many to airdrop Saga users, old and new.

Here is 100,000 ACS, a modest contribution to the Saga Retirement Challenge.

🧵 pic.twitter.com/O3zAekXyhw

— Access Protocol (@AccessProtocol) December 19, 2023

Last week, Bonk made waves in the crypto community with a large airdrop to owners of Saga phones on the Solana platform. Each phone, initially priced at $599, comes with 30 million BONK tokens (with a value of over $700 at the time of the airdrop).

This event pushed Saga’s price to very high levels, leading to the depletion of Solana Mobile’s inventory. The selling price on e-commerce sites like eBay is even up to 5,000 USD per unit.

However, up to now, the price of the BONK token has dropped more than 30%, reducing the value of BONK from the airdrop compared to before. Many other projects are continuing this story, and Access Protocol is one of them.

With ACS, users can sell immediately or use it to pay for services, and even participate in staking to generate profits on the protocol. ACS trading volume has reached $16 million over the past 24 hours, and selling pressure is still prevailing, putting pressure on the token’s price. The price of ACS has also decreased significantly after the airdrop was released.

Related: Saga Phones on eBay Sell for $5,000

Chart of ACS

Chart of ACS/USD at 7:20 am on December 20, 2023 on Tradingview.