Logan Paul reveals major NFT investments
Yesterday, on Christmas, Logan Paul took to Twitter sharing that he has spent over $2.64 million in 2021 on NFTs alone. NFTs, also known as Non-fungible tokens, have become one of the most recent crazes amongst influencers due to their Collect-A-Thon nature.
For Logan Paul, a prolific Pokémon card collector, NFTs seem like the next frontier for alternative speculative investments. In fact, back in August of this year, Logan Paul shared to his Twitter followers that he purchased a ‘Pure White Grumpy Genesis Mooncat’, which he paid a whopping 160 Eth (the equivalent to $522k at the time of purchase). Additionally, back in August Logan Paul also shared that he acquired two ‘GenesisRocks’, which were valued at $155k collectively.
Back in November of this year, Logan Paul took a stab at creating his own pokémon inspired NFT project, called CryptoZoo, which briefly ranked as the 7th largest NFT project in terms of volume, on one of the largest NFT market places OpenSea.
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