NFT, bought by Justin Bieber, fell in price by 95%

NFT, bought by Justin Bieber, fell in price by 95%

user avatar

by dapp_writer005

4 years ago

The NFT token, bought by Justin Bieber from the BAYC collection, has decreased in price by 95%. Initially, the singer purchased Bored Ape #3001 for 500 ETH ($1.31 million). This "monkey" does not differ in any unique features and accessories. It was at 9810th place in terms of rarity. Many collectors were surprised by the fact that Bieber spent a significant amount to acquire this particular token.

It is possible that Justin Bieber did not acquire this digital token for profit, but simply for himself.

At the moment, the price of Bored Ape #3001 has decreased to $74,382, and the token can be bought on OpenSea for $66,781.

The sharp drop in the price of NFTs is associated with the bankruptcy of the FTX exchange, which led to the fall of the entire market. Many holders of unique tokens began to urgently sell their assets in the hope of returning the invested funds.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other articles

CARV Protocol — Gaming Data Layer, Verifier Nodes and AI Infrastructure

chest

CARV Protocol Gaming Layer overview: CARV ID, CARV Play, Verifier Nodes, CARV token, gaming Data Layer, and infrastructure development for Web3 and AI.

user avatarElena Ryabokon

Grass Network — How Data DePIN, GRASS Staking and AI Data Collection Work

chest

Grass Network overview: how Data DePIN, Grass Nodes, AI data collection and verification, GRASS token, staking, Solana, and network tokenomics work.

user avatarElena Ryabokon

Dynamic TAO — How dTAO Changes Bittensor Tokenomics and Subnets

chest

Bittensor Dynamic TAO overview: how dTAO works, alpha tokens, TAO staking, subnet economics, emission distribution, and the key risks of the model.

user avatarElena Ryabokon

Eternal Crypt — Wizardry BC Gameplay, Adventurer NFTs and $BC Token

chest

Eternal Crypt Wizbis and Wizardry BC overview: gameplay, Adventurer NFTs, Blood Crystal token, Polygon, Web3 economy, and the reasons behind the game's shutdown.

user avatarElena Ryabokon

CropBytes Farm Wars — Gameplay, CBX Economy and Web3 Ecosystem

chest

CropBytes Farm Wars overview: farming gameplay, NFTs, Superheroes, CBX token, game economy, blockchain infrastructure, and the CropBytes ecosystem.

user avatarElena Ryabokon

NEAR AI — IronClaw, Agent Market, NEAR Intents and the AI Agent Economy

chest

NEAR AI Hub overview: AI agents, IronClaw, Agent Market, NEAR AI Cloud, NEAR Intents, NEAR token, and infrastructure for autonomous AI.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.