Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million.
Pop Star Justin Bieber Buys Bored Ape NFT for $1.29 Million, Pays More Than 300% Above Floor
The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club non-fungible token for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and his wallet holds 340.43 ether worth $879K.Justin Bieber spent 500 ethereum worth $1.29 million at the time of settlement on a Bored Ape Yacht Club NFT, according to aBieber is a well known pop star with his popular seven-track EP “My World.
Moreover, while Bieber spent 500 ether the estimated value of BAYC #3001 on January 29, 2022, was $208,237. This means that the famous Canadian singer paid a whole lot more than what the market estimated the BAYC to be worth. At the time of writing, the singer has around 340.43 ethereum worth $879K in the wallet he leveraged sitting idle. Bieber’s wallet also shows that he has a fascination for collecting NFTs and stats show the musician has 619 NFTs from 49 collections.
Bieber also owns a few fractions of the Doge NFT as well. While holding all those NFTs and even though he paid $1.29 million for BAYC #3001, the “estimated” worth of all of his NFTs today is $502,680, according to dappradar.com stats.
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