Justin Bieber bought a Bored Ape NFT in January for $1.3 million that's likely worth about $70,000 in the wake of the FTX collapse
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Justin Bieber's bought a Bored Ape NFT for $1.3 million in January. It's now probably worth $70,000, according to NFT Price Floor.
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The 95% drop in valuation comes after Sam Bankman-Fried's FTX collapsed and caused crypto prices to crash.
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Bored Ape isn't the only ethereum-fueled NFT collection impacted by the crypto crash.