Social media’s favorite, Logan Paul, has been an exponent of the crypto game. Meanwhile, Paul revealed how much money his partner KSI and himself lost on crypto.
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Logan Paul was talking on his ‘Impaulsive‘ podcast, along with co-hosts Mike Majlak and George Janko. The trio was talking about the recent crypto crash. In fact, they gave emphasis on the massive drop in the Luna coin.
Talking about the fall, Majlak said, “The same hype that could drive up the crypto market is the hype that can destroy it.”
He further added, “None of crypto, like normal stock or real estate, is backed by any kind of tangible good.”
Moreover, Majlak also mentioned how this would also affect NFTs and the projects that they are launching.
Paul responded by saying, “It’s not a great time to be fully involved in crypto. Especially if you were involved in Luna, KSI, my business partner in prime, lost 3 million dollars, gone. I personally have lost half a million this far.”
READ MORE – Logan Paul Drops Rare Lewis Hamilton Trading Card Worth Over Whopping $48,000
However, he added, “I will say though, If you believe in the tech and you believe in the function of cryptocurrency and you zoom out and go super macro, this is nothing.”
Paul also mentioned that emotions should be removed from the cryptocurrency game and the focus should be on a long-term victory.
The NFT game with Logan Paul
‘The Maverick’ has found commendable success after starting his NFT project ‘99 Originals‘. In fact, he was able to sell 8 of his polaroid NFTs.
SOLD!
Original #4 /20 CHEECH & CHONG closes auction at 12 Eth ($24.5k USD) 🐊 https://t.co/IdYW6OdBhp pic.twitter.com/ewcirxmuWv
— OriginalsDAO (@OriginalsDAO) May 17, 2022
Paul recently sold ‘Original #4’ featuring comedy duo Cheech & Chong for 12 ETH (USD 24, 504).
Another one…
Original #92 “Cannibal” closes auction at 13 Eth ($26k USD) 🐊 https://t.co/IdYW6OdBhp pic.twitter.com/X0lLhtFbY1
— OriginalsDAO (@OriginalsDAO) May 16, 2022
‘Original #92’ sold for 13 ETH or USD 26,230. Notably, it featured the Cannibal Islands Voxel Project on Minecraft.
Another piece of history.
Original #85 “The Last Blockbuster” closes auction at 30.5 Eth ($63.6k USD) 👀
We feel the momentum… pic.twitter.com/flsRxyLZw1
— OriginalsDAO (@OriginalsDAO) May 15, 2022
Another interesting NFT is the ‘Original #85’, which featured the last Blockbuster store. Moreover, it sold for 30.5 ETH or USD 63,652.
Speechless.
Original #14 “Bored Ape” closes auction at 46.5 Eth ($104k USD) https://t.co/IdYW6OdBhp pic.twitter.com/lbsz8qjxa3
— OriginalsDAO (@OriginalsDAO) May 11, 2022
However, ‘Original #14’ hit the bank just right. The NFT featuring the Bored Ape sold for 46.5 ETH which translates to a whopping USD 104,557.
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#41 The April Fool
🚨 LIVE auction now 🚨 on https://t.co/OzBRdQPxUKPerks:
– Holder earns 1% royalty of LP’s revenue during the auction phase of entire 99 Originals collection
– Holder receives NFT & physical 1/1 Polaroid
– 1/99 Membership & Voting Right in @OriginalsDAO pic.twitter.com/rRF0pWkE5X— Logan Paul (@LoganPaul) May 12, 2022
Similarly, ‘Original #41’ was also a favorable trip to the bank, making Paul 37.69 ETH, which is $79,000 richer approximately. Notably, the NFT was a play on the fact that Paul was born on April 1.
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What do you think of Paul’s statement? Let us know in the comments below.