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  • Access Protocol Airdrops $250 in ACS Token to Saga Phones After BONK Buying Spree
  • Crypto

Access Protocol Airdrops $250 in ACS Token to Saga Phones After BONK Buying Spree

cryptovert December 20, 2023 2 min read

The
free
crypto
train
is
continuing
to
roll
for
Saga
phone
owners,
who
on
Tuesday
began
receiving
tokens
worth
$250
from
crypto
publishing
platform
Access
Protocol.

Access
Protocol

tweeted

that
it
was
giving
all
owners
of
the
Solana-centric
phone
100,000
ACS
tokens,
continuing
the
trend
of
exclusive
airdrops
that
have
helped
the
once-struggling
cellphone
turn
into
an
unexpected
sellout.

During
last
week’s
brisk

BONK
rally

traders
realized
Saga
phones
came
with
enough
meme
coins
to
pay
for
the
$600
phone.
This
triggered
a

buying
spree

that
depleted
Solana
Mobile’s
entire
stock
of
Saga
phones.

While
BONK
has
since
slid
over
30%
–
rendering
each
phone’s
30
million
BONK
worth

less

than
the
cost
of
the
unit
–
more
projects
in
the
Solana
ecosystem
have
lined
up
for
airdrops
of
their
own.

Access
Protocol’s
ACS
token
is
a
form
of
payment
that
holders
can
use
to
gain,
well,
access
to
a
wide
range
of
crypto-themed
content.
Holders
can
“stake”
their
ACS
with
the
content
creators
hawking
newsletters,
AI-generated
anime,
headline
feeds
and
such
on
the
Access
Protocol
website.

Or,
they
can
sell
them.
At
press
time
on
Tuesday
the
DeFi
markets
for
ACS
had
seen
$16
million
in
trading
volume,
with
heavy
pressure
on
the
sell
side.
The
token
fell
6%
on
its
busiest-ever
trading
day
as
Saga
owners
began
liquidating
their
free
tokens.

Ownership
of
the
all-important
Saga
genesis
NFT
–
the
proverbial
ticket
for
receiving
these
airdrops
–
suggest
that
less
than
3,500
of
the
20,000
Saga
phones
in
existence
have
come
fully
online
yet.
In
other
words,
many
Saga
owners
haven’t
set
up
their
wallets
yet,
meaning
they
can’t
receive
–
or
sell
–
any
airdrops.

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