More Than $600,000 Erased From Logan Paul’s Net Worth Following Recent Fiasco

The YouTube sensation, Logan Paul, was one of the first influencers to jump on the NFT hype train. During the Crypto boom back in 2021, Paul invested in many crypto tokens and NFT projects. However, it seems that things are not going too well for The Maverick.

It was reported that Paul purchased 0N1 Force NFT back in 2021, for $623,000. Despite the investment being touted at first, the token has seen a tremendous drop in value. This was revealed by silver and gold market commentator, Watcher.guru, after he claimed that the NFT is now worth a measly $10.

The token is an NFT collection including 7,777 generative side-profile characters, with over 100 hand-drawn features. However, many have mistaken it for the Azuki collection, as 0N1 Force NFTs have a similar style. Some NFT collectors pointed out the error, stating that the Azuki collection was originally a derivative of 0N1 Force.

Read More: Crypto ‘Gazillionaire’ Glad He Didn’t Spent $300,000 on Logan Paul’s NFT

Moreover, Paul has also claimed that the NFT is now worth ‘essentially nothing’ after he announced the dip on his Twitter account. He has also turned this into one of his 99 Originals claiming to get at least something out of a bad investment.

Paul is not the only victim of the NFT decline seen in recent months. Many social media influencers have seen their investments drop since the decline in the crypto market in 2022. However, the market is still garnering new investors despite the risks seen in these sketchy investments.

Logan Paul Reveals NFT losses

Paul once revealed his NFT losses after he was questioned about it on the Flagrant podcast, hosted by renowned comedian, Andrew Schulz. Following this, ‘The Maverick’ checked his phone to see how much he lost in his crypto investments. “Strictly crypto around $ 750k,” and “NFTs just by the nature of crypto half a million,” said Paul. However, Schulz claimed that this wasn’t a lot considering Paul’s influence in the market. “Okay, that’s not crazy, for how big you are in the space that’s not too much,” said Schulz.

It seems that Paul lost over $1.2 million in his NFT investments. Moreover, with his $600,000 NFT also dropping, Paul’s crypto investments might not have been his best business decision.

What do you think about Paul’s NFT dropping to $10? Let us know in the comments.

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