BAYC NFT bought by Justin Bieber for $1.3M is now worth $69K

Musician Justin Bieber bought a common Ape for $1.3 million in January, vastly more than a similar NFT would sell for on the open market today.

The floor price for the Bored Ape Yacht Club—that is, the price of the cheapest-available NFT listed on a marketplace—is about 58.2 ETH or about $69,800.