The man who once said NFTs would become part of global culture within five years has officially exited crypto.
Back in 2021, Steve Aoki believed NFTs were the future.
His first NFT collection generated over $4M in a single drop. One artwork alone sold for $888,888.
He later admitted that one NFT launch earned him more than 10 years of album advances combined.
That moment changed everything.
He launched NFT platforms.
Built Web3 communities.
Created A0K1VERSE.
Bought multiple Bored Apes for over $800K.
Like many celebrities during the hype cycle, he believed digital ownership would redefine entertainment forever.
At the peak, BAYC NFTs traded above $400K floor prices.
Owning one felt like owning access to the future itself.
Fast forward to today:
Arkham data shows his wallets selling off SHIB, ETH, and PEPE before moving funds to Gemini.
The same Bored Apes once worth fortunes are now down nearly 90%.
What’s interesting is not the loss itself.
It’s how quickly narratives change in crypto.
In one cycle, NFTs were called the future of culture.
In the next, even early believers quietly moved on.
Maybe NFTs didn’t disappear.
Maybe the speculation disappeared first.
And in crypto, that changes everything.
#NFT
#Crypto #Web3 #bayc #Ethereum #BinanceSquare