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 Hiding Place 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, hiding places will be stored in your inventory and can be opened with Keys.

Other articles

MyShell — AI Agent Creation Platform, Tokenization and Web3 Economy

chest

MyShell AI overview: AI agent creation and launch, ShellAgent, Shell Launchpad, AIpp Store, SHELL token, application tokenization, and the Web3 economy.

user avatarElena Ryabokon

Nodepay — How Bandwidth DePIN, Nodecoin and Real-Time Intelligence Work

chest

Nodepay overview: how Bandwidth DePIN, AI data processing, Signal Engine, Nodecoin (NC), staking, Solana, and the real-time intelligence network work.

user avatarElena Ryabokon

Moonray Shattered Arena — PvP Gameplay, Web3 Economy and Miiridian Prime

chest

Moonray: Shattered Arena overview: PvP gameplay, NFTs, MNRY token, Web3 mechanics, and the project's evolution from Moonray to Miiridian Prime.

user avatarElena Ryabokon

Tower Defense Minis — NFT, GalaChain and the Evolution of Tower Defense on Gala Games

chest

Tower Defense Minis overview: Gala Games tower defense projects, Fortitude, NFTD, GalaChain, NFT mechanics, Web3 integration, and the project's current status.

user avatarElena Ryabokon

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

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.