NFTs: How much are Logan Paul, Eminem, Neymar losing on their Investment?
2021 was not only one of the biggest bull runs in the crypto markets but also the year when the NFT (Non-fungible tokens) hype skyrocketed. All of a sudden, it was all that was talked about. Consequently, the value of many NFT projects reached incredibly massive numbers. Fast forward a year later, and things have turned as bleak as ever. Now, with the larger financial picture looking gloomy, it was expected for digital assets to lose some of their value. However, very few expected the NFT markets to tank the way they did. Recently it was revealed that YouTuber and social media personality, Logan Paul’s $623,000 NFT is currently worth a measly $10. The non-fungible in question is Azuki’s ‘Bumblebee’, which is considered to be a prized possession. The collection Features 10,000 hand-drawn avatars that are strikingly different from the others. Source: Wall Street Silver, Twitter Paul is not the only celebrity to lose out on their NFT investments. The NF...