🚨 Someone bought a Beeple NFT for $69 million in 2021.
Today, it’s reportedly worth around $52,000.
One of the biggest reminders of the speculative mania during the 2021 NFT bubble.
At the peak: • JPEGs sold for millions
• celebrities promoted NFTs daily
• liquidity was everywhere
Now most NFT collections are down massively as hype, leverage, and easy money disappeared.
Markets eventually punish extreme speculation.