From Over $620K to $10: Logan Paul's Unsuccessful NFT Investment

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The ongoing crypto winter has caused million-dollar losses to the well-known YouTuber Logan Paul.

The American YouTuber, actor, and social media personality – Logan Paul – sits on a $623,000 unrealized loss due to his investment in a non-fungible token , part of the Azuki collection.

The shaking condition of the cryptocurrency industry and the NFT niche, though, have caused severe financial losses to the YouTube star, at least on paper. As Paul recentlyhimself, the Azuki NFT currently trades at $10 – a severe plunge that caused controversy among the crypto community. Unfortunately for many who have done the same, the cryptocurrency market has taken a major hit this year, and its total capitalization stands at less than $1 billion .Another YouTuber who took a major punch by the crypto market descent is the British rapper JJ Olatunji, a.k.a KSI.

 

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