Elon Musk Rumored to Buy Bored Ape NFT Worth 569 Ethereum

Musk’s Newfound Love?

While Musk has been an ardent supporter of blockchain technology and cryptocurrencies in general, the tech tycoon has caused considerable upturns in the market. Musk’s love for meme tokens has been common knowledge now, much like his annoyance with NFTs.

Just last month, the billionaire expressed his annoyance over the new Twitter feature that lets premium users flaunt their NFT purchases as their profile picture.

Musk commented on Twitter’s new feature for Twitter Blue users saying ‘this is annoying’ with a screenshot of Twitter’s announcement. He added that the social media giant doesn’t seem to be spending its resources well.

On February 25, in an exciting turn of events, pseudonymous NFT collector Derek.eth pointed out on Twitter that the Bored Ape NFT, under the number 1,837, has been sold to an anonymous buyer. The same was also highlighted by Crypto Reporter, Colin Wu.

Deepak.eth, a well-known NFT collector, said on Twitter that BAYC #1837 was sold for 569ETH and was purchased by Elon Musk through a MoonPay. But it has not been confirmed by Musk, who has criticized Twitter’s NFT avatar feature. pic.twitter.com/oyxEHZWICX

— Wu Blockchain (@WuBlockchain) February 25, 2022

Previously, Derek was selling the piece for 690.420 ETH, widely known as ‘meme numbers’ that are often used by Musk in his tweets. However, later on, he lowered the price for the piece to 569, most likely to sell it quicker.

The seller Tweeted, “I thought I had it at 690.420 ETH. Oh well.. as long as it goes to ElonMusk, I’ll be happy.” the seller tweeted. Reportedly the NFT has been sold to a buyer on moonpay-eth.

At the same time, reports allege that Musk could have directly or indirectly bought the NFT. However, there has been no official confirmation from Musk’s side.