๐ฃ Justin Bieber's NFT Misstep:
In Jan 2022, #justinbieber splurged on a Bored Ape NFT at its peak for $1.3M (500 ETH).
Now, the value has plummeted to around $70k, leaving him with a staggering $1.2M loss. ๐ฑ
What reasons for the decline?
Market cool-off, regulatory scrutiny, and doubts about NFT longevity.
Some even claim it's just a passing fad. โฌ๏ธ
Details: ๐จ
Part of 10K unique Bored Ape #NFTs by Yuga Labs.
๐ญ Traits: Unique facial expressions, clothing, accessories.
๐ Celeb Buyers: Snoop Dogg, Eminem, among others.
๐ฐ Floor Price: Jan '22 - $300K, now $55,846.
Future recovery remains uncertain.
Bieber's NFT adventure has indeed turned into an expensive lesson. ๐
$BTC $APE $BNB
