11/10/2022 Logan Paul’s NFT Trends on Social Media, Price Surges 10,390%

Logan Paul’s NFT Trends on Social Media, Price Surges 10,390%Logan Paul’s NFT Trends on Social Media, Price Surges 10,390%
  • Logan Paul’s 0N1 Force NFT surges price by 10,390%.
  • Paul first bought his NFT on August 2021, priced at over $600K; a year later, the price dropped to around $10.
  • Additionally, Paul used the NFT as inspiration for his own NFT Collection 99 Originals.

American YouTuber and Social Media Personality Logan Paul’s 0N1 Force NFT surges by 10,390% after posts regarding his $600K loss resurfaced on social media.

In late September 2022, Paul’s 0N1 Force K4M-1 #03 NFT was priced at less than $10, however now at the time of writing the current bid on OpenSea is 0.8 wETH or $1,052.59.

Current Value of 0N1 Force NFT-$1,052.59

Logan Paul’s NFT mishap resurfaced again after Paul posted a story on Snapchat on September 27 talking about his $600K loss. Twitter account @WallStreetSilv then picked up on the Snapchat story and tweeted to their followers on the matter. Several crypto news outlets then followed suit, reviving Paul’s NFT loss.

15 hours from the time of writing, the bid for Paul’s 0N1 Force K4M-1 #03 NFT was 0.0038 WETH at $4.98. The bids increased from hundreds of dollars to $1,052.59 at the time of writing. Additionally, the current bid is 272% above 0N1 Force’s floor price.

Logan Paul also tried to flip the situation in his own way earlier in July 2022. Paul tweeted that he had spent $623,000 on the NFT and, later on, he found that it was essentially worthless. He then immortalized his mistake by creating the BUMBL3BEE NFT in his personal 99 Originals collection.

A year ago, I spent $623,000 on an NFT. Today, it’s worth essentially nothing.I’ve immortalized this mistake in 99 Originals with an exact replica helmet & outfithttps://t.co/OzBRdQPxUK pic.twitter.com/srD2h4SgO7

— Logan Paul (@LoganPaul) July 13, 2022

Additionally, he remarked that the helmet pictured in the new NFT cost $20,000 and took nearly two months to make it. It was made by the person who built the helmet of American Music Producer and DJ Marshmello.

During the time when the American YouTuber tweeted about the issue, the price of most of the NFTs had dropped. However, 2021 was a heady year for NFT artists and holders, because, its value surged instantly. As of now, Logan has a 16.69 ETH BUMBL3BEE-inspired NFT that is worth around $21,000.

For those out of the loop, 99 Originals is a collection of 99 NFTs prepared by Logan using a polaroid camera over 99 days. Each NFT tells a real-life story of his journeys over the span of 99 days.

Among these, the BUMBL3BEE is the third serialized NFT that portrays his realistic moments while boarding a plane. The current total DAO value of 99 Originals is $1,912,926.38.

The post Logan Paul’s NFT Trends on Social Media, Price Surges 10,390% appeared first on Coin Edition.

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https://www.investing.com/news/cryptocurrency-news/logan-pauls-nft-trends-on-social-media-price-surges-10390-2908449

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