Justin Bieber buys Bored Ape NFT for $1.29M

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Justin Bieber buys Bored Ape NFT for $1.29M
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The “Peaches” singer reportedly purchased the NFT for $1.29 million, 300 percent more than its valued market price.

posted a photo

of the new BAYC #3001 – which features a cartoon ape in a black T-shirt with tears in its eyes – to his Instagram on Monday, along with lyrics from his 2021 hit song “Lonely.” “What if you had it all, but nobody to call, maybe then you’d know me. Cuz I’ve had everything but noones listening and that’s just fuckin lonely. #lonelyboredape,” he captioned the post shared with his 219 million Instagram followers.

Bieber purchased the NFT for 500 ethereumn cryptocurrency, which is the equivalent to $1.29 million, according toThe estimated value of the NFT was $208,237 as of January 29, 2022, meaning the star bought the non-fungible token for nearly 300 percent above its valued price.“Justin Bieber really paid 5x the Bored Ape floor price for an ape with no rare traits He just got finessed,” one person

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