Bieber Purchased Bored Ape 300% More Than Valued Market Price

Did Justin Bieber just purchase a Bored Ape for 500 ETH? Equivalent to $1.29 Million?

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A post shared by Justin Bieber (@justinbieber)

NFTs are non-fungible tokens that can be in the form of art, video, or audio—simply, NFTs can be anything. These tied NFTs to the blockchain only exists alone and are impossible to duplicate on the internet.

The Bored Ape Yacht Club is a collection of 10,000 unique artworks with different traits and attributes.

More and more celebrities are entering the cryptocurrency specifically into NFTs, which are the collectible ones making more celebrities and influencers participate.

Justin Bieber joining the Bored Ape Yacht Club (BAYC) NFTs proves the NFT collectibles are getting more explored and huge.

But did he make the right choice in purchasing the Bored Ape #3001?

Let’s hear it from the crowd…

Justin Bieber really paid 5x the Bored Ape floor price for an ape with no rare traits

He just got finessed 😭😭😭

— theweeknd.eth (@LilMoonLambo) January 29, 2022

Next time you think you’re down bad, just remember that .@justinbieber just bought a floor ape for 500 ETH.

— gmoney.eth (@gmoneyNFT) January 29, 2022

Some made fun of this, purchasing a Bored Ape NFT that’s 300% more than its valued market price. But some took his move to be a flex…

Justin Bieber spent 400 eth more for a floor ape that HE liked. That’s more bullish than anything else could be.

He’s not looking for the flip he just likes the apes!

— cr0ss.eth (@cr0ssETH) January 29, 2022

Yes we all know that @justinbieber could have bought a more expensive/rarer ape but, he doesn’t give a shit, this is just a flex, to get people talking about it. A statement piece. Welcome ! https://t.co/YkJ7TAcIrW

— 7068 ᵍᵐ mcu.eth (@Ape7068) January 30, 2022

If he had just done this for publicity, he did an excellent job—cause we’re doing it—defending him or making fun of his move.

Sources

• Justin Bieber buys Bored Ape NFT for $1.3M (pagesix.com)