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Sandeep Kumar Mishra
Jan 30, 2022

Justin Bieber Pays Three Times Its Actual Price to Purchase the Bored Ape NFT

Justin Bieber Bored Ape NFT
Canadian pop star Justin Bieber has bought the Bored Ape Yacht Club NFT (BAYC) for 500 Ethereum or $1.29 million. The Canadian singer has 340.43 ether which is worth $879k.

Justin Bieber Purchases the Bored Ape NFT for $1.29 Million

Bieber’s purchase came to light from the sale stemming from the NFT marketplace Opensea.

The BAYC that Bieber purchased was Bored Ape Yacht Club #3001. Bieber, whose Opensea name is JustinBieberNFTs, paid 500 ether for BAYC #3001, whose floor price was 104 ether. Thus, Bieber purchased the BAYC for a much higher price than it was worth in the market.

BAYC Not the Only Collection In Bieber’s Kitty

Justin Bieber has had a fascination for NFTs as he has acquired 619 NFTs from 49 collections. Bieber owns a small fraction of the Doge NFT too. Despite spending $1.29 million on BAYC #3001 and holding an array of other NFTs, the estimated worth of all his NFTs today stands at only $502, 680.

Justin Bieber Isn’t the Only BAYC Owner

Incidentally, Justin Bieber is among a long list of celebrities who own the Bored Ape Yacht Club NFT. Other celebrity BAYC owners include LaMelo Ball, Steve Aoki from Linkin Park, rapper Eminem, Paris Hilton, comedian Jimmy Fallon, and NBA legend Shaquille O’Neal.

The way NFTs have been gaining ground, it’s quite likely that well-known personalities would follow suit in the near future and own NFTs in the coming days.

Justin Bieber Pays Three Times Its Actual Price to Purchase the Bored Ape NFT
Sandeep is an avid cryptocurrency enthusiast and a keen & passionate blogger. He has a strong mix of skills in the areas of computer networking, cryptography, algorithms, and data structures and specializes in ERC20 tokens. Lately, he is taking a lot of interest in blockchain-powered AI solutions, about which he is also reading and writing extensively. He has to his name dozens of deeply researched articles about cryptocurrencies, blockchain, AI, and IoT. Apart from that, he loves to keep track of the latest trends in social media and digital marketing space. Also, as a huge proponent of blockchain and cryptocurrencies, Sandeep tries to deliver all the latest cryptocurrency news to ardent crypto supporters like yourselves. If you like his content, feel free to follow him on LinkedIn.

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