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 has become the latest celebrity to join Bored Ape Yacht Club’s (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 first Ape! What should I call her? Thank you [Moonpay]. Madonna shared her thoughts with her Instagram followers: “We all need protection against Evil Eye.”

During the last two days, Madonna’s Bored Ape reveal on Instagram received around 86,668 likes. A number of people also gave Madonna suggestions on how to name her newly acquired BAYC.

” This is cute, it’s my favorite,” Madonna was emailed. “Btw, Evil Eye isn’t just a superstition?” No one is naturally evil. “I would name her Pinky,” added the person. Another Instagram user was more sarcastic, saying

Name her: ‘Nobody Will Care About This In 10 years.’ A Cabbage Patch Beanie Baby FOMO for the 21st century. Destined to the digital trash heap.

Moonpay Acquires Expensive NFTs for Celebrities, Madonna Owns 17 NFTs from 8 Collections

It seems Moonpay has been involved with the purchase of expensive NFTs for celebrities recently. 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 Eminem, 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? Please comment below to let us know your thoughts on this topic.

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