Many are asking if the purchase was a good idea, as Bored Ape #3001 was valued at $1.29 million in March 2018, when purchased for 500 ETH ($1.29 million USD). The market price of Bored Ape #3001 was set at 80 ETH ($208,000 USD) before the sale while the floor price was at 140 ETH. It appears he overpaid since this particular BAYC has no uncommon characteristics — just sad eyes and a black T-shirt.
While the OpenSea account is jam-packed with a slew of other random NFTs, many believe it to be his since it is called "Justin BieberNFTS" and contains the inBetweeners NFT that Bieber currently uses as his Twitter header. BAYC #3001 has not yet been claimed by Justin Bieber.
The Rare Bits account has yet to disclose any information about the seller. There is no question that this purchase was an investment, but there's no way of knowing if it will pay off in the long run.
There has not been much report on Justin Bieber's most recent purchase, yet it is evident that he has an affinity for collecting rare digital assets. Other NFTs in his possession include the "Fluffy Pony" and an inBetweeners NFT. Others speculate he may even be an early adopter of blockchain technology.
Bored Ape #3001 was recently sold for 500 ETH ($1.29 million USD) and many people are assuming it was none other than Justin Bieber who bought it.Bieber isn't the only celebrity who has made waves on Crypto Collectibles. Luka Sabbat, Kylie Jenner, and Elon Musk are also some of the many celebrities who have purchased blockchain-based NFTs.