Airdrops from two cat-themed memecoins may have paid off the entire pre-order value of the Solana ‘Chapter 2’ mobile device.
Pre-order holders of Solana’s ‘Chapter 2’ mobile phone had a brief chance to profit from the yet-to-be-released mobile phone — after memecoins airdropped to buyers briefly exceeded the cost of the phone.
In April, the teams behind two cat-themed memecoin projects: Cat in a dog’s world (MEW) and Maneki (MANEKI) airdropped tokens to the wallets of crypto users who pre-ordered the new Chapter 2 device — which initially cost $450 upfront.
On April 1, the team behind MEW airdropped 37,600 of its tokens to each holder. At its peak post-airdrop price of $0.0089, this allocation was worth $334, per CoinGecko data.