Gwyneth Paltrow Joins The BAYC trend

Gwyneth Paltrow Joins The BAYC trend and Shares her first Bored Ape NFT on Twitter

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Non-fungible tokens are getting a lot of attention lately among celebs and the wealthy. Gwyneth Paltrow has become the newest celebrity to join the BAYC with her recent NFT purchase.

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One would think that celebrities who have been involved in cryptocurrencies would stay away from the debate for a little while...

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after Paris Hilton and Jimmy Fallon’s attempt to promote Troop's NFTs on Monday night’s broadcast of The Tonight Show.

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Gwyneth Paltrow. The Goop founder and former MCU actress, has joined in by tweeting about being a Bored Ape on Twitter.

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It seems like many Twitter users disagree with Paltrow's decision to use the company. They say it will tarnish her reputation.

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Many have criticized NFTs - in spite of their potential benefits - and made the case that they're just some kind of scam.

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Her fan base thinks, rather, that Gwyneth Paltrow is something respectable actresses should not be looking into NFTs.

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Some collectors believe that an NFT's value will increase as fast as a physical tangible piece of art. They also believe that these objects will be safe from economic hardships and market crashes.

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As of now, they’ve been spot on for a couple of NFTs. This dynamic cube was originally priced at $500 but sold for $17,000 recently.

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