Popstar Justin Bieber Buys Bored Ape NFT for $1.3m

Canadian singer Justin Bieber is the latest celebrity member of the famed Bored Ape Yacht Club
The 27-year-old Musician paid 500 ETH worth about $1.3 million to acquire the Ape #3001
Other notable personalities that acquired Ape NFTs recently are Eminem, Serena Williams, and Neymar

Canadian musician Justin Bieber has joined an exclusive list of celebrities to Bored Ape Yacht Club (BAYC) after spending 500 ETH on an NFT.

The transaction confirmed in a sale stemming from the NFT marketplace Opensea cost $1.29 million, going by today’s market rate.

Bieber who goes by the name “JustinBieberNFTS” on Opensea, paid significantly more than the market value for the Ape #3001 NFT.

BAYC’s floor price was 104 ether or $270,908 at the time of sale, meaning that the musician paid almost 5 times the marker estimated price.

Following the purchase, the singer has around 340.43 ethereum worth $879K in the wallet sitting idle.

Further examination also revealed that this isn’t Bieber’s first NFT purchase. Stats show the musician has 619 NFTs from 49 collections.

Justin Bieber joins a list of celebrities such as Eminem, Serena Williams, Neymar, and Paris Hilton, who have invested in the Bored Ape collection.

Even though he paid $1.29 million for BAYC #3001, the current worth of Justin Bieber’s NFTs today is $502,680, according to stats from dappradar.com

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