Logan Paul has always kept his fans informed about the investments that he has made. The individual out of Ohio, who rose to fame creating and uploading content on YouTube, reportedly possessed an NFT that cost him $623K. According to reports, Paul purchased the NFT back in 2021. Despite the risk factors involved, while investing or purchasing crypto currencies, one initially nourishes the hope that encourages them to climb. Paul did the same.
ADVERTISEMENT
Article continues below this ad
Unfortunately, as per reports, the NFT that ‘The Maverick’ purchased for $623k has today depleted to being worth only $10. Undoubtedly, Paul has suffered a major loss in his purchase. The NFT in question belonged to the Azuki collection and barely holds value now.
Watch This Story – Deontay Wilder, Anthony Joshua Trilogy & Other Potential Opponents for Andy Ruiz Jr. Following Magnificent Victory Over Luiz Ortiz
Following the break-out of this unfortunate purchase, fans took to Facebook and sprinkled their share of the salt. Here are some reactions for your brief read.
Fans react to Logan Paul suffering a dream-crushing loss with his formerly expensive NFT
As soon as the news broke out, well-wishers, as well as Paul’s critics, took to Facebook and shared their thoughts about the loss. While some still encouraged Paul despite the loss with his NFT, others rubbed it in.
A user said, “People still buying that? Biggest scam ever.” Word of advice to be taken into consideration. While deals with crypto currencies and NFTs come with a promise of a better time, in certain cases, it could lead to fraud and a waste of both money and time.
Another user commented by saying, “Win some, lose some. Real investors know high-risk high rewards. So, what he lost $623k to one thing in 2021? Bet he’s still up millions overall on that year.”
According to another user, this loss was a major blow to ‘The Maverick’. In only one word, they wrote, “Hurt”.
ADVERTISEMENT
Article continues below this ad
Another user, almost making fun of the entire scene, said, “The jig is up”.
Someone, rattled by Paul’s loss, said, “…and yet they want us to go to digital currency”.
Read More – Logan Paul’s Growing $200 Million Empire Makes Joe Rogan’s Energy Drink Partnership Look Like a Side-Hustle
ADVERTISEMENT
Article continues below this ad
Finally, one fan sympathizing with Paul said, “I bought $750 worth of Safemoon in 2021 and it’s now worth $2.68.”
Well, what is your reaction to Logan Paul? Share your thoughts in the comments below.