The token in question is from the Azuki collection, and Paul paid $623,000 for the hand-drawn image. “The reality is that, although they share a sector, the functioning of cryptos and NFTs are very different, but undoubtedly the great fall of Bitcoin in 2022 has ended up collapsing many of these tokens’ projects,” according to the article.
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Logan Paul’s Azuki NFT Down More Than $600K to About $10: Expert
International non-fungible token expert Wall Street Silver said an NFT that YouTuber and boxer Logan Paul bought for more than $600,000 is now worth approximately $10. So reports Macra.
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