05/01/2022 Hip hop icon Eminem buys his first Bored Ape Yacht Club NFT, paying nearly $500,000

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  • Rap artist Eminem purchased a Bored Ape Yacht Club NFT for 123.45 ETH, or about $462,000.
  • He opened his OpenSea wallet less than a week ago but already has collected 22 NFTs.
  • Bored Ape Yacht Club NFTs are one of the most popular on OpenSea, with a current floor price of about $280,000.

Award-winning hip hop artist and icon Eminem purchased a Bored Ape Yacht Club NFT for the first time, joining a growing list of celebrities who have bought into the hype.

He acquired the non-fungible token, which he has since set as hisTwitterprofile picture, on the OpenSea platform for 123.45 ether, or about $462,000.

But this wasn't his first NFT purchase. Under the name Shady_Holdings, the rapper has loaded up on 22 NFTs, despite only opening his OpenSea wallet less than a week ago.

User GeeGaza, who sold Eminem the Bored Ape NFT, tweeted "I'm living in a simulation" after the transaction with the rap star.

Eminem has won 15 Grammy music awards in his multi-decade career, as well as the 2002 Oscar for Best Original Song.

He joinsother high-profile owners of the Bored Ape NFTs-- NBA superstar Stephen Curry bought one for $180,000, and celebrities Jimmy Fallon and Post Malone have also bought in.

Bored Ape Yacht Club is one of the most popular NFT sets on OpenSea, with a current floor price of 73.5 ether, or about $280,000 each. In late January, itsfloor price surpassed that of CryptoPunks for the first time.

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https://markets.businessinsider.com/news/currencies/eminem-bored-ape-yacht-club-nft-opensea-celebrity-music-grammy-2022-1

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