Crypto ‘Gazillionaire’ Glad He Didn’t Spend $300,000 on Logan Paul’s NFT

YouTube influencer and crypto investor Iman Gadzhi has taken over as one of the most popular crypto investors in the market. The entrepreneur from Dubai was one of the first to jump on the cryptocurrency economic boom, investing the money he earned working in advertising. He made massive profits in the crypto space, making him a multi-millionaire.

However, the crypto whale was glad he didn’t invest in Logan Paul’s NFT project, 99 Originals. In his podcast, Gadzhi revealed that he once had the chance to buy one of Paul’s coveted NFTs for $300,000. Moreover, he was even ready to buy it for $30,000 more than the asking price, but could not due to a transaction error.

“Do you know the guy they (Paul) were talking about? It was me. , you can check my etherscan. You know when they were like yeah we’re bidding on a crypto whale zillionaire that was me. It was like 2am in Dubai and I told everyone my budget is 300,000 I can’t let myself go over but then it came over but I’m very competitive too so then I transfer and the transfer ended up being take too long.” Gadzhi said.

After this he added that he was glad he didn’t buy it as it was beyond his budget. “I’m actually glad I didn’t. I set my budget at 300,000 and it went over 300,000.” he added.

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Despite his best efforts to purchase one of Paul’s 99 originals, Gadzhi could not succeed. However, it may have been a good decision in hindsight considering the recent decline in NFTs.

Logan Paul once paid $623,000 for an NFT that is now worth $10

Maverick’s other NFT investments are also declining in value. It was reported that he bought Azuki ‘Bumblebee’ back in 2021 for $623,000. However, it has fallen massively in value after silver and gold market commentator WallStreetSilv revealed that the NFT’s price had since fallen to $10.

The collection includes 10,000 hand-drawn profile picture avatars that also give the buyer access to an exclusive Web3 community, airdrops, and a Discord community. Since then, Paul has also confirmed that the NFT is now worth “essentially nothing”, even offering a copy of the NFT in his 99 Originals.

Do you think Gadzhi should have bought NFT? Let us know in the comments.

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