Justin Bieber, the popular Canadian musician, enthusiastically delved into the world of Non-Fungible Tokens (NFTs) with a great deal of excitement, looking for new chances for success. What started as a promising adventure has turned into a story of warning, as the volatile NFT market has significantly reduced the value of Bieber’s previously successful collection. From an Arkham Intelligence Report. Renowned blockchain analytics firm Arkham Intelligence recently uncovered a major decrease in Justin Bieber’s NFT investments. In 2022, the collection was once valued at over $2 million, but Bieber’s NFT collectible has now decreased in value to only $100K. The NFT boom in recent years has caught the interest of players due to the unique digital assets and investment opportunities, despite the assets being valued at less than $500,000 and experiencing a significant decline in value over time. In 2022, Justin Bieber entered the NFT market and started exploring collections such as Mutant Apes, World of Women, Otherdeeds, Bored Apes Yacht Club, Metacards, and Doodles, which had gained popularity after BAYC. Even though Bieber was initially optimistic about the potential returns, his venture into the NFT market proved vulnerable to risks and he ultimately saw a notable decrease in the value of his investments. Source: Arkham Intelligence. A decrease in investment value: The statistics show.