Logan Paul’s US$ 623,000 2021 Azuki NFT is now worth US$ 10

American YouTuber, actor, and social media personality claims the Azuki’s Bumblebee NFT in 2021 for US$ 623,000 was now worth just US$ 10.

On August 24, 2021, Logan Paul purchased Bumblebee NFT for 188 ETH. During the NFT boom in 2021, Paul spent around US$ 2.645 million on NFTs, with his most expensive investment being Azuki’s Bumblebee.

On top of the NFT, the celebrity claimed he spent an additional $20,000 on a custom Bumblebee helmet. 

Paul’s loss stirred up mixed reactions among the Twitter community. Some mocked Paul for investing in the space when NFTs were hyped while others believe the price drop is due to the ongoing bear market and the NFT space will rally again once the bull market comes around again.

Despite the recent loss, Logan has diversified his investments outside of NFTs, including his business ventures Prime Hydration and 99 Originals, as well as cryptocurrencies. 

Photo: sportskeeda