๐จ JUSTIN BIEBERโS $1.3 MILLION NFTโฆ NOW WORTH HOW MUCH?
In 2022, Justin Bieber bought Bored Ape #3001 for 500 ETH โ around $1.3 MILLION. ๐ณ
Today, reports put the BAYC floor around 6.25 ETH, roughly $16.6K.
Thatโs a HUGE drop from the price Bieber originally paid.
But the story gets even crazierโฆ
Blockstream CEO Adam Back called the NFTโs value $0.
And when someone pointed out that you may even need to pay gas to transfer itโฆ
His response was essentially:
โTechnically, negative value.โ ๐
Imagine buying an NFT for $1.3Mโฆ
โฆand years later needing to PAY just to move it.
๐ If you owned it, would you HOLD or SELL?
#Crypto #NFT #JustinBieber #BAYC #Ethereum #Bitcoin #Web3 #HalalCryptoQueen
In 2022, Justin Bieber bought Bored Ape #3001 for 500 ETH โ around $1.3 MILLION. ๐ณ
Today, reports put the BAYC floor around 6.25 ETH, roughly $16.6K.
Thatโs a HUGE drop from the price Bieber originally paid.
But the story gets even crazierโฆ
Blockstream CEO Adam Back called the NFTโs value $0.
And when someone pointed out that you may even need to pay gas to transfer itโฆ
His response was essentially:
โTechnically, negative value.โ ๐
Imagine buying an NFT for $1.3Mโฆ
โฆand years later needing to PAY just to move it.
๐ If you owned it, would you HOLD or SELL?
#Crypto #NFT #JustinBieber #BAYC #Ethereum #Bitcoin #Web3 #HalalCryptoQueen
