Justin Bieber Paid $1.3 Million for a Bored Ape NFT. It's Now Worth $12K

In brief

• Pop music icon Justin Bieber paid $1.3 million worth of ETH for a Bored Ape Yacht Club NFT in 2022.
• The NFT now is worth less than 6 ETH, or around $12,000, as NFTs and Ethereum have fallen in value.
• Even common Bored Apes at were trading for as much as $429,000 in 2022 before collapsing.