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This is due in large part to the sales of the Bored Ape Yacht Club NFT collection totalling over US$1 billion as well as high value auction sales from their investor, now defunct FTX. Various celebrities have purchased these non-fungible tokens, including Justin Bieber, Snoop Dogg and Gwyneth Paltrow.
Celebrities, influencers and regular folks bought Bored Apes. Some BAYC owners used their Apes as their social media profile images. Well-known celebrities love their Bored Apes; Madonna owns BAYC No. 4988, Justin Bieber has BAYC No.
Despite the initial success and high market cap it once boasted, the value of the apes has dwindled significantly, representing only a fraction of its peak. On top of that, investors are doing anything to monetize their tokens that were at one point worth millions. However, they've lost a lot of popularity.
Whereas Snoop Dogg purchased the Bored Ape #6723 NFT via transfer from the previous owners' wallet to Snoop Dogg through Moonpay, so no sale was shown on the blockchain. The video showcased the Bored Ape cartoon characters that both the musicians own.
about $216,000. Digital sleuths have deduced that Fallon probably purchased the primate pic last November for about $216,000 (or rather, purchased a record on a digital blockchain ledger saying he owns it).