Cat Memes Purr to Life: Airdrops Promise to Purr-chase Solana Chapter 2 Phone

Upcoming Solana "Chapter 2" mobile phone could potentially be covered by cat-themed airdrops, including Maneki (MANEKI) and Cat in a Dogs World (MEW), ahead of its 2025 rollout. The combined value of the airdrops, currently at $385.62, has the potential to exceed the $450 pre-order cost of the device, similar to how dog-themed memecoins covered the cost of the previous Saga phone.

Cat-Themed Airdrops Promise to Cover Cost of Solana Chapter 2 Mobile Phone

In a remarkable twist of events, airdrops of cat-themed memecoins for the upcoming Solana Chapter 2 mobile phone are rapidly approaching the cost of the device itself, far ahead of its tentative 2025 rollout.

On April 24, the airdrop of 5,199 newly-launched Maneki (MANEKI) tokens, combined with an earlier airdrop of 37,600 Cat in a Dogs World (MEW) tokens on April 1, briefly eclipsed the pre-order cost of Chapter 2 on Thursday. At one point, the two airdrops alone reached a combined value of $459, just shy of the device's $450 price tag, according to Solana Floor data.

The bullish sentiment for cat-themed memecoins has persisted, with MANEKI surging over 10% in the past 24 hours, while MEW has lost ground by 3%, according to CoinGecko. Data from the Two Loot dashboard reveals that the MANEKI airdrop is currently valued at $127.38, while MEW's stands at $214.78.

Adding to the growing airdrop bonanza, three additional memecoins - WUFFI, IQ50, and CWIF - have contributed approximately $43.45 worth of tokens, bringing the total Chapter 2 airdrop value to an impressive $385.62.

A Feline Frenzy with Historical Echoes

The sudden surge in cat-themed airdrop values has drawn comparisons to the unprecedented success of the dog-themed Bonk token, which single-handedly covered the cost of Solana's original Saga device.

Initially priced at $1,000, Saga's sales faltered until the value of Bonk skyrocketed by over 800% in December. Each device included 30 million BONK tokens, which quickly surpassed the phone's own value.

The meteoric rise in Bonk's value ignited a firestorm of purchases, rapidly depleting the company's inventory of 20,000 phones. The high demand even led to order cancellations and refunds due to stock shortages. Reports emerged of phones being resold on eBay for as much as $5,000.

Solana Chapter 2: A Phone and a Memecoin Treasury

The Solana Chapter 2 mobile phone, unveiled in January, is the successor to the Saga device and boasts similar features, including a built-in crypto wallet, dapp store, and custom Android software. However, it utilizes different hardware to achieve a lower price point.

Pre-orders for Chapter 2 have reached 60,000 within a month, with customers connecting their Solana wallet addresses to qualify for the lucrative airdrops. The devices are expected to ship in the first half of 2025.

The Rise of Cat Power

The cat-themed memecoins are rapidly emerging as significant contributors to the cost of the Chapter 2 phone. If their prices continue to climb, they could potentially cover the entire cost of the device for early adopters.

This unprecedented airdrop phenomenon underscores the growing influence of memecoins in the crypto ecosystem and their ability to generate substantial value even before the release of the underlying product. As the countdown to Chapter 2's debut continues, the cat-themed tokens are poised to play a pivotal role in shaping its success.