Justin Bieber's $1.3M Bored Ape NFT Now Valued at $12K

Justin Bieber's investment in a Bored Ape NFT has plummeted from $1.3 million to just $12,000, reflecting the volatility in the NFT market.

In a time when NFTs were all the rage, pop superstar Justin Bieber made headlines by acquiring a Bored Ape NFT for an impressive $1.3 million. However, the current value of these Ethereum-based digital assets has seen a drastic decline, with prices now starting at a mere $12,000.

This sharp drop in value highlights the unpredictable nature of the NFT market, where once highly sought-after collectibles can lose significant worth in a short period.