Justin spent 1.3 million on a monkey – and became the joke

The NFT craze is spreading all over the world, reaching even the biggest stars in the Hollywood swamp. When Justin Bieber tried to be part of the hot economic-artistic trend of the moment, he found himself at the center of no small network storm – because of a blatantly unsuccessful purchase he made.27-year-old Justin bought NFT from the “Bored Monkey Yacht Club” series for $ 1.29 million – 300 times the estimated market price of the piece. The singer celebrated the new acquisition when he posted a picture of the monkey he purchased on his Instagram page, quoting the hit he released last year, “Lonely”. The young star purchased the piece at 500 ETH, which is $ 1.29 million, but on the day of the purchase, the value of the NFT he purchased was $ 208,237,000. Meaning: Justin purchased the piece at a price that lied at 300 percent of its estimated price – five times (!) Of the original amount.

Next time you think you’re down bad, just remember that .@justinbieber just bought a floor ape for 500 ETH.

– gmoney.eth (@gmoneyNFT) January 29, 2022

Justin Bieber really paid 5x the Bored Ape floor price for an ape with no rare traits

He just got finessed

– theweeknd.eth (@LilMoonLambo) January 29, 2022

Of course, Bieber’s reckless huge purchase has aroused all surfers who know how to explain what NFT is, and thousands of tweets laughing at Justin’s disruptive purchase have hit the networks. “Next time you feel bad, just remember that Justin Bieber bought a monkey at 500 ETH,” tweeted one surfer, adding another: “Justin Bieber just paid five times the original price of the monkey. He has a class.”

Yes we all know that @justinbieber could have bought a more expensive/rarer ape but, he doesn’t give a shit, this is just a flex, to get people talking about it. A statement piece. Welcome ! https://t.co/YkJ7TAcIrW

— 7068 ᵍᵐ mcu.eth (@Ape7068) January 30, 2022