Here’s How Much Eminem and Neymar Are Down on Their NFT Investments

Declining interest in NFTs and falling trading volumes have hit soccer star Neymar Jr. and renowned rapper Eminem hard in terms of their digital art purchases.

At the beginning of the year, the Brazilian athlete bought two digital collectibles that are part of the Bored Ape Yacht Club for more than $1 million, while their current valuation is around $340,000. Eminem’s paper losses so far are approximately $330,000.

More Celebrities Affected by the NFT Crash

In January 2022, one of the best Brazilian soccer players of the last decade -Neymar- bought Bored Ape 6633 for 159.99 ETH and Bored Ape 5269 for 189.69 ETH. At the time of purchase, the valuation of the work was equivalent to approximately 1.05 million dollars.

However, the ongoing crypto winter has not been kind to the NFT sector, with Neymar seeing considerable damage to his investments. Currently, bored monkey 6633 and Bored Ape 5269 have a combined value of $340K, which means you have over $700,000 of unrealized losses.

The only rapper to win an Oscar, Marshall Bruce Mathers III (aka Eminem), also joined the BAYC craze. In January of this year, he bought Bored Ape 9055 for 123.45 ETH or $462.00 at the time. However, for the time being, the estimated valuation of your collectible has fallen at approximately $140,000.

Plus, Eminem even teamed up with another NFT collector, Snoop Dogg, to create a BAYC-themed song, which they performed live earlier this year.

Eminem, Snoop Dogg. Source: Yahoo

Another celebrity who may not be happy with his investment in NFT is renowned DJ Steve Aoki. The American is known among the crypto community as a collector and even creator of such art.

Several months ago, he purchased an NFT portion of the Doodles collection for almost $350,000. According to Dapp Radar Figuresthe item is currently worth just $47,000.

Logan Paul’s Crucial Losses

Speaking of such failed investments, mention should be made of the popular YouTuber, actor, and social media personality: logan paul.

Earlier this year, he purchased an NFT share of the Azuki collection for $623,000. However, at the moment, the item is only worth $10.

The crypto community on Twitter was quick to comment on Paul’s financial failure. Many users argued that NFTs are scams and that people should be careful when interacting with them, especially at a time when too much advertising is being generated.

Still, some people opined that the YouTuber could recoup some of his losses during the next potential bull market when his NFT’s valuation could head north.

Paul’s flop is not just limited to non-fungible tokens. Recently he admitted be down around $500,000 in his bitcoin and altcoin investments.


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