Back in 2021, NFTs weren’t just trending — they were religion.
JPEGs were selling like blue-chip stocks. Everyone wanted in.
Even celebrities.
• Logan Paul bought an 0N1 Force NFT for $635K.
Today? It’s worth around $155.
• Justin Bieber paid $1.3M for BAYC #3001.
Current value? Roughly $12K.
• Neymar picked up two BAYC apes for about $1M combined.
Now? Around $35K total.
• Madonna spent $571K on a BAYC.
Today it’s near $17K.
• Stephen Curry bought one for $180K.
Now it’s about $17K.
• Eminem paid $462K.
Same story — roughly $17K today.
• Jimmy Fallon bought in at $220K.
Current valuation? Around $17K.
Let that sink in.
This isn’t about mocking anyone.
It’s about understanding cycles, hype, and liquidity.
During a speculative bubble, price is driven by narrative — not intrinsic value.
When liquidity dries up and risk appetite drops, the market reprices fast.
In 2021, NFTs had momentum, celebrity endorsement, and massive retail FOMO.
But momentum without sustainable demand doesn’t last.
The lesson?
Don’t confuse cultural hype with long-term value.
Don’t assume celebrity participation equals smart money.
And never enter a parabolic market without an exit plan.
Every cycle has its “can’t lose” asset.
Until it does.
If you want to understand market cycles, capital rotation, and how to avoid becoming exit liquidity — follow.
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#NFT #CryptoCycles #MarketPsychology #DigitalAssets #web3
