Friday, June 21, 2024

Justin Bieber pays $1.29 million for Bored Ape NFT

As shown in a purchase on Opensea, pop star Justin Bieber paid 500 ETH valued at 1.29 million dollars on the day of payment for a BAYC non-fungible token. He appears to be experimenting with non-fungible and cryptocurrency-based digital investments. Opensea is a popular NFT exchange for rare digital items.

“JustinBieberNFTS” is Bieber’s alias on Opensea. The Bored Ape NFT he bought was numbered 3001. This NFT purchase is notable for the reason that the price cap of Bored Ape at the date of the transaction was 270,908 USD or 104 ETH.

Furthermore, on 29th January, the projected worth of Bored Ape NFT number 3001 became 208,237 dollars, whereas Bieber paid 500 Ethereum. This suggests that the well-known Canadian artist spent significantly more than the valuation of the Bored Ape NFT.

The artist has roughly 340.43 ETH valued at 879,000 dollars in his account that he leverages lying dormant. His purse additionally reveals that he enjoys accumulating non-fungible tokens, with statistics revealing that he owns six hundred and nineteen tokens spanning forty-nine acquisitions.

Bieber additionally holds a small portion in Dogecoin (DOGE). As per dappradar.com records, the “assessed” total value of his non-fungible tokens is currently 502,680 dollars. This stands despite the fact that he spent 1.29 million dollars to buy the Bored Ape NFT number 3001.

Aside from Justin Bieber, other famous Bored Ape owners include NBA icon Shaquille O’Neal, LaMelo Ball of the Charlotte Hornets, and Steve Aoki from Linkin Park. Singers Eminem and Travis Barker, media personality Paris Hilton, and talk show host Jimmy Fallon are also on the list.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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