The Justin Bieber Bored Ape NFT purchase took place in January 2022 during the peak of the NFT market. The singer bought Bored Ape Yacht Club NFT #3001 for 500 Ether, valued at approximately $1.3 million at the time. The transaction occurred on the Ethereum blockchain and was publicly recorded. The purchase made Bieber one of several celebrities associated with the BAYC collection.
Bored Ape Yacht Club is a collection of 10,000 unique NFTs created by Yuga Labs. Each token represents a digital ape with different traits. Ownership grants access to a private online community and related digital assets.
Market Changes Affecting the Justin Bieber Bored Ape NFT
After Bieber’s purchase, cryptocurrency and NFT markets experienced sharp declines. Ethereum prices dropped significantly from early 2022 levels. NFT trading volumes also decreased across major marketplaces. As a result, floor prices for Bored Ape NFTs fell throughout 2023, 2024, and 2025.
At the height of the market, Bored Ape floor prices exceeded $400,000 per NFT. Over time, listings steadily moved lower. By early 2026, floor prices for Bored Ape Yacht Club NFTs were near $12,000, based on current ETH valuations. The Justin Bieber Bored Ape NFT now aligns closely with these floor price levels.
Ownership Status and Valuation Details
The Justin Bieber Bored Ape NFT remains recorded under the same blockchain wallet unless transferred. NFT valuations are determined by recent marketplace listings and completed sales of similar tokens. There is no fixed price unless a transaction occurs.
The difference between Bieber’s original purchase price and the current estimated value reflects the broader contraction of the NFT sector. Many high-profile BAYC NFTs owned by celebrities have seen similar reductions in value.
Broader NFT Market Context
The decline in the Justin Bieber Bored Ape NFT mirrors trends across the NFT industry. Collections that once commanded seven-figure prices now trade at significantly lower levels. Reduced speculation, lower liquidity, and changing demand have contributed to current pricing across major NFT projects.
The Bored Ape Yacht Club remains active, but its market value is substantially lower than during its peak period.
Source: https://cryptoadventure.com/justin-bieber-paid-1-3-million-for-a-bored-ape-nft-its-now-worth-12k/
