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Justin Bieber spends $1.3 million on a bored ape NFT

Justin Bieber is a crypto enthusiast who has made some significant investments in the area.

He has purchased the blockchain’s most valuable cryptokitty. He spent $1.3 million on a bored ape NFT! He bought a kitty that looks like a bored gorilla sitting on a couch, staring at his phone.

Cryptocurrency’s popularity has skyrocketed in recent years, even reaching celebrity status. It is critical to capitalise on this expanding market by purchasing digital assets such as cryptokitties.

ABOUT NFT:

NFTs are the most recent type of digital asset to emerge. Non-fungible tokens (NFTs) are tokens that are one-of-a-kind and cannot be replaced. This makes it much more difficult to reproduce or counterfeit each token, protecting the owner from being conned. This also opens up the possibility of exchanging value for exclusive digital artwork in the same way that stocks or other traditional assets can.

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