Bieber’s purchase of Bored Ape NFT caused a stir on the internet, with Twitter users pointing out that it was a bullish move.
Famous Canadian singer Justin Bieber has joined the Bored Ape Yacht Club celebrity roster. Bieber bought Bored Ape NFT #3001 for $1.3 million, or 500 ETH on the popular OpenSea NFT marketplace. Other Bored Ape Yacht Club celebrities that Bieber has just joined include professional basketball player Stephen Curry and American tennis player Serena Williams. Other big names in the club are American rapper Gunna and musician Travis Barker, Eminem and Paris Hilton.
At the time of the sale, the floor price of Bored Ape Yacht Club was $270,908 (104 ETH). However, Bieber spent 500 ETH, which means the celeb paid excessively more than the club’s estimated value. Bieber’s new Bored Ape NFT has a new punk blue background that 12% of all apes have. Additionally, the NFT has a black T-shirt, and the monkey has sad, watery eyes, two large ears, and dark brown fur with an unshaven mouth.
Bieber just bought Bored Ape NFT
Bored Ape NFT buying caused a stir on the internet, with Twitter users pointing out that it was a bullish move. Bieber is an NFT collector, owning 619 NFTs in 49 collections. The Canadian singer also owns some fractions of the Doge NFT. According to statistics from dappradar.com, all of Bieber’s NFTs are worth $502,680.
Bored Ape Yacht Club includes 10,000 unique NFTs. The images are of cartoon primates on the Ethereum blockchain. The company behind the NFT collection, Yuga Labs, is reportedly asking for a $5 billion valuation. If successful, the company will become one of the biggest brands in web3.
Earlier in the year, Bord Ape Yacht Club passed the $1 billion mark in sales after experiencing phenomenal growth in 2021. As of January 4, total sales generated by the 10,000-piece NFT collection stood at $1.03 billion. At the time, OpenSea revealed that Bored Ape Yacht Club had an all-time trading volume of 256K ETH.
It is no news that NFT is the new trend among celebrities. While many got their start in the growing space, others are navigating the burgeoning industry. Last year, many stars from different fields including music and sports showed interest in NFT. Eminem joined the train this month, buying Bored Ape #9055 for $462,000. Meanwhile, Brazilian footballer Neymar has added a new NFT to his collection after purchasing Bored Ape #6633 for $159.99. Previously, Neymar previously purchased Bored Ape #5269 for $189.69. Apart from that, the PSG player had bought NFT from BAYC returned, returned CryptoPunks. Flipped Doodles and ACESnikers fashion collection.
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