Pop Sensation Justin Bieber buys a Bored Ape Yacht Club NFT for 500 ETH, but that’s not all.

    Riding the NFT craze wave, famous celebrity Justin Bieber is now an ape! While there may not be an official announcement, there are reasons to believe that the Canadian singer has now become the owner of a Bored Ape Yacht Club #3001 NFT, starting this Saturday (29th January).

    The singer is not new to the world of non-fungible tokens, having a record of hundreds of past purchases, but what makes things more surprising is the price at which the NFT was bought! Let’s get to know more about what’s trending on Twitter.

    Why give 300% more than what is asked for?

    While we may not have the answer to why, we do have the answer to “who” gives a price of 300% more for something, it may be because this person can afford it.

    Justin bought the BYAC #3001 for 500 ETH, a whopping 1.29 million US dollars, at the time of settlement, but this bored ape’s floor price was, in fact, just 10 ETH! Moreover, on the day of purchase, the market estimation of this BAYC was around 208,237 US dollars- meaning that the star really did not care about the price.

    The low market price was because the teary-eyed sad face ape was not of a “rare” type, but maybe for Justin, he was the correct type!

    On the controversial side of the page- is it really Justin Bieber who bought the NFT?

    The OpenSea account of the singer goes by the name of “JustinBieberNFTS,” but here’s what makes things weird- the singer never officially claimed it. So it is only intelligent guesses that link the account to him. It could be a rich person with the same name for all we know.

    Interestingly, the account owns more than 600 NFTs from 49 different collections. These include the likes of the popular Doge NFT, Doodles, World of women, and CloneX.
    The musician’s seemingly erratic choice of NFTs can be seen in the other NFTs, which are neither that popular nor have a high market value.

    This erratic taste in NFTs again stirs doubt on whether the singer actually owns the OpenSea account or not.

    What to expect from this development.

    While the OpenSea account may not belong to the singer, there are still hopes for his appearance in an exclusive party just for the members of the Bored Ape Yacht Club.

    Bieber, who is the second most followed person on Twitter after Ex-president of America- Barack Obama, could feature in this party. It is hoped by many “Beliebers” (Justin’s fan base) that he might perform in the BYAC exclusive event. If he does perform, he should post a performance video, or the fans may be left heartbroken.

    The list of celebrities owing a Bored Ape Yacht Club NFT previously saw the rapper Eminem; football star Neymar Jr., The Tonight Show host Jimmy Fallon, Post Malone, among others who bought rare NFTs of the collection.

    So keeping our eyes peeled for any news from the Megastar is all that we can hope for, along with the hopes of a new fantastic music album and tour maybe!

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