NFTs' Demise... What Happened to Bored Apes?
8 Nov 2025 · 0 min
0:18
In this brief monologue, Ramit Sethi reflects on the rapid rise and subsequent collapse of the NFT market, focusing on the Bored Ape collection. He highlights the 2022 hype, exemplified by Justin Bieber’s $1.3 million purchase of a Bored Ape, then notes that by mid‑2023 the value of those NFTs had fallen more than 95 %. He also points out the cultural shift where the once‑ubiquitous Bored Ape avatars on Twitter vanished, underscoring how the phenomenon essentially disappeared.
