The ‘Queen of Pop,’ Madonna has revealed she has “entered the metaverse” after she acquired the non-fungible token (NFT) collectible Bored Ape #4988. According to onchain data, Madonna’s Bored Ape #4988 was purchased for 180 ether or $564K at the time of settlement.
Madonna Says She ‘Finally Entered the Metaverse’
Madonna is the latest celebrity to join the Bored Ape Yacht Club (BAYC) NFT collectors. The singer-songwriter and actress revealed the purchase on March 25, 2022, via the pop star’s Instagram page.
“I finally entered the Metaverse… My very own Ape! What should I name her? Thanks [Moonpay]. We all need protection from Evil Eye,” Madonna told her Instagram followers.
During the last two days, Madonna’s Bored Ape reveal on Instagram received around 86,668 likes. Furthermore, a number of fans gave Madonna advice on what to name the newly acquired BAYC.
“This is cute, I like it,” one individual wrote to Madonna. “Btw, isn’t Evil Eye just a superstition? Noone is evil by nature. I would name her Pinky,” the person added. Another individual on Instagram was a bit more sarcastic and said:
Name her: ‘Nobody Will Care About This In 10 years.’ A Cabbage Patch Beanie Baby FOMO for the 21st century. Destined for the digital trash heap.
Moonpay Acquires Expensive NFTs for Celebrities, Madonna Owns 17 NFTs from 8 Collections
It seems Moonpay has been involved in purchasing expensive NFTs for celebrities in recent times. The American rapper, singer, and songwriter Wiz Khalifa leveraged Moonpay to acquire Bored Ape #1506 around the same time frame as Madonna’s purchase.
Besides Bored Ape #4988, the metaverse ‘Material Girl’ owns a bunch more NFT collectibles as well. Statistics indicate that Madonna currently holds 17 NFTs from eight different collections.
While Madonna’s wallet only has $30 worth of ethereum, the wallet does hold $21,285 worth of apecoin (APE). In addition to Madonna and Wiz Khalifa, BAYC NFTs are also owned by , Paris Hilton, Gwyneth Paltrow, Shaq, and Justin Bieber.
At the time of writing, the Bored Ape Yacht Club NFT collection has the most expensive floor price with a current floor value of 103.69 ether. The collection has an estimated market capitalization of around $1 billion and during the last 24 hours, the BAYC collection has seen $7.2 million in volume or 2,311 ether.
What do you think about the Queen of Pop becoming a metaverse material girl with the purchase of Bored Ape #4988 for $564K in ether? Let us know what you think about this subject in the comments section below.