Pop Star Justin Bieber Buys Bored Ape NFT for $1.29 Million, Pays More Than 300% Above Floor

The Canadian singer Justin Bieber has bought a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million on the time of settlement. Bieber has a major assortment of NFTs and his pockets holds 340.43 ether value $879K.

Justin Bieber Spends $1.29 Million in Ethereum for BAYC #3001

Justin Bieber spent 500 ethereum value $1.29 million on the time of settlement on a Bored Ape Yacht Club (BAYC) NFT, in keeping with a sale stemming from the NFT market Opensea.

Bieber is a well-known pop star along with his in style seven-track EP “My World.” The 2009 album made Bieber the youngest solo male recording artist to make it into the U.S. Billboard 200 in 47 years. 13 years later, Bieber appears to be dabbling in cryptocurrencies and non-fungible token property.

Bieber’s Opensea identify is known as “JustinBieberNFTS” and the BAYC he bought was Bored Ape Yacht Club #3001. What was fascinating about Bieber’s NFT acquisition was the truth that the BAYC’s flooring worth was 104 ether or $270,908 on the time of sale.

Moreover, whereas Bieber spent 500 ether the estimated worth of BAYC #3001 on January 29, 2022, was $208,237. This signifies that the well-known Canadian singer paid a complete lot greater than what the market estimated the BAYC to be value.

At the time of writing, the singer has round 340.43 ethereum value $879K within the pockets he leveraged sitting idle. Bieber’s pockets additionally reveals that he has a fascination for accumulating NFTs and stats present the musician has 619 NFTs from 49 collections.

Bieber additionally owns just a few fractions of the Doge NFT as nicely. While holding all these NFTs and despite the fact that he paid $1.29 million for BAYC #3001, the “estimated” value of all of his NFTs at this time is $502,680, in keeping with dappradar.com stats.

Other movie star BAYC house owners apart from Justin Bieber embrace the Charlotte Hornets’ LaMelo Ball, NBA legend Shaquille O’Neal, Linkin Park’s Steve Aoki, comic Jimmy Fallon, rapper Eminem, Travis Barker, and Paris Hilton.

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