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Logan Paul’s NFT trends on social media, price jumps 10,390%

Logan_Paul’s_NFT_trends_on_social_media,_price_jumps_10,390%

American YouTuber and social media personality Logan Paul’s 0N1 Force NFT jumps to 10,390% following posts about his $600,000 loss appeared on social media.

At the end of September 2022, Paul’s 0N1 Force K4M-1 #03 NFT cost less than $10, but at the time of writing the present bid on OpenSea is 0.8wETH or $1052.59.

Present value of 0N1 Force NFT – $1052.59

Logan Paul’s NFT problem appeared after Paul shared a post on Snapchat on September 27 talking about his $600,000 loss. Twitter account @WallStreetSilv then picked up the Snapchat story and tweeted about it to their followers about the problem. Various crypto news outlets followed suit, and restating Paul’s NFT loss.

15 hours of writing, the bid price for Paul’s 0N1 Force K4M-1 #03 NFT at 0.0038 WETH is $4.98. At the time of writing, bids have risen by hundreds of dollars to $1,052.59. Besides, the present bid is 272% more than the reserve price of 0N1 Force.

Logan Paul tried to change the situation in his own way in early July 2022 as well. Paul tweeted that he spent $623,000 on the NFTs and thereafter realized it was basically worthless. He then immortalized his mistake by creating the BUMBL3BEE NFT in his personal series of 99 Originals.

He also said that the helmet pictured in the new NFT cost $20,000 and took roughly two months to make. It was created by the person who made the helmet of American music producer and DJ Marshmello.

As the American YouTuber was tweeting about the topic, the price of most NFTs had dropped. Moreover, 2021 was an appealing year for NFT artists and owners, as its value instantly increased. Currently, Logan has an inspired NFT of 16.69 ETH BUMBL3BEE worth around $21,000.

For those not up to date, 99 Originals is a series of 99 NFTs created by Logan with a Polaroid camera over the course of 99 days. Each NFT tells a true story of their travels during a 99-day period.

Meanwhile, BUMBL3BEE is the third NFT in the series that captures his realistic moments as boarding a plane. The present DAO total value of 99 originals is $1,912,926.38.

The post Logan Paul’s NFT Trends on Social Media, Price Increase 10.390% appeared initially on Coin Edition.

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