Remember way back last year when Bored Ape Yacht Club NFTs were all the rage thanks to high-dollar purchases of the digital images of cartoon apes that were snapped up by everyone from Snoop Dogg to Madonna, Gwyneth Paltrow and Paris Hilton?
Snoop Dogg, The Weeknd & Diplo Are Still Buying NFTs in the Crypto Winter — Here’s What Their…
Well, in the wake of the implosion of the FTX platform and a precipitous meltdown of digital currency prices over the past month, one of the celebrities who bet, and spent, big on Bored Ape is likely feeling pretty humbled this week. A video parody that opened The Late Show on Thursday night (Nov. 17) chronicled the reported precipitous plunge in value of Justin Bieber‘s Bored Ape.
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The bit included tape from a report about the parallel tanking of crypto art that noted that an Ape purchased by Bieber in January for $1.3 million is now worth around $69,000, a calamitous come-down for the series of more than 10,000 NFTs that became the best-selling NFT art collection ever with a one-time…