{"id":7093,"date":"2023-07-11T18:16:31","date_gmt":"2023-07-11T18:16:31","guid":{"rendered":"https:\/\/www.bitcoincasinos.com\/?p=7093"},"modified":"2023-07-17T10:25:04","modified_gmt":"2023-07-17T10:25:04","slug":"biggest-celebrity-nft-losses","status":"publish","type":"post","link":"https:\/\/www.bitcoincasinos.com\/blog\/2023\/07\/11\/biggest-celebrity-nft-losses\/","title":{"rendered":"Celebrity Businessman Gary Vee Loses $3.8m On One NFT"},"content":{"rendered":"
The NFT market crashed in 2022, causing some celebrities and athletes to suffer huge losses. Find out which celebrities took the biggest NFT losses during crypto winter.<\/p>\n
Key Highlights<\/strong><\/p>\n Heading into 2022, the crypto and NFT market was booming with some of the world\u2019s biggest A-list celebrities jumping on the bandwagon. Athletes and celebrities were investing millions in NFTs, including stars like Justin Bieber, Gary Vaynerchuk, Logan Paul, and more.<\/p>\n A year later and it seems like these celebrities made some pretty poor investment decisions. The market has completely crashed with values for some NFTs plummeting by 80% or more. Most celebrities have seemingly taken their biggest loss from the popular NFT collection \u201cBored Ape Yacht Club\u201d.<\/p>\n The \u2018Bored Ape Yacht Club\u2019 collection has collectively dropped 88% in the last two years. On top of the NFT crash, the crypto coin Ethereum has also crashed taking an 82% dip, compounding losses for investors.<\/p>\n\n
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