Justin Bieber invest 500 ethereum worth $1.29 million on a Bored Ape Yacht Club (BAYC) NFT, according to a sale originated from the NFT marketplace Opensea.
Justine bieber is a popular singer. Dancer and song writer with his popular seven-track EP “My World.” The 2009 album made Bieber the youngest solo male recording artist to make it into the U.S. Billboard 200 in 47 years. 13 years later, Bieber seems to be investing in cryptocurrencies and non-fungible token assets (NFTs).
It is confirmed that justine bieber has an opensea account and his opensea name is (JustinBieberNFTS) and the bored ape nft he invested in is Bored Ape Yacht Club #3001 and the creazy thing about his purchase is that while Bieber spent 500 ether the estimated value of BAYC #3001 on January 29, 2022, was $208,237. So it means justine bieber paid more money for that NFT.
In the period of writing this article it is said that justine bieber has 340.43 Ethereum stored in his opensea wallet just sitting idle stats show the musician has 619 NFTs from 49 collections.
The funny or fascinating thing about the Justin bieber nft collection is that all together they are worth $502,680 even though he paid $1.29 million for BAYC #3001,
Justine is not only the celebrity who owns crypto and nfts, nfts and crypto are now owned by musicians, athletes, youtubers, politicians and the list go on so if this is not the sign that crypto is the future then i don't know what is and again justine is not known to be a lavish spender or a stupid spender so for him to pay extra for that bored ape is crazy.
With the way celebrities are hopping into NFTs, we may be witnessing a paradigm shift from the traditional cryptocurrencies to Non-Fungible Tokens. Well, let's watch and see as things unfold.
Excellent read buddy
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Yea it is becoming crazy
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