According to reports, popular YouTuber, actor, and social media personality Logan Paul took a major L in the crypto space with an NFT he purchased for over $600K only being worth a few dollars today.
Like many, Paul found himself getting into the cryptocurrency space, specifically around the NFT craze spending over $2.5 million on such art. His most expensive purchase was an item part of the Azuki collection that set him back $623,000. The item was expected to be an investment piece but is said to only be worth $10 today.
While the polarizing social media personality was mocked on Twitter for his investment revelation, Paul isn't alone in such plunges in value. The NFT craze has seemingly peaked already leaving many of the hopeful investors holding the bag on digital items that aren't worth nearly what many of them cost at their height.
Source: Instagram.com
