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Guys, I just read something crazy about Justin Bieber and his NFTs. In 2022, he literally burned millions on these tokens, and now his wallet is basically empty. According to Arkham Intelligence, he invested over $2 million in NFTs, but today only about $100,000 remains. A 95% crash—no joke.
The craziest part? He spent nearly $2 million just on Bored Apes and Mutant Apes—four monkeys in total. Then he added World of Women, Doodles, Otherdeed, and other collections. All down between 90% and 97%. That means Justin Bieber’s NFTs have become practically worthless in just a few years.
Now, his wallet has less than $500,000 in Ethereum and APE tokens. He still owns a Bored Ape and a Mutant Ape, but their combined value has dropped to around $47,000. It’s the classic example of how the NFT market can mess with you. Have you ever touched these NFTs, or did you stay out?