Logan Paul pocketed $8 million in a high-stakes deal by selling a PSA-10 graded Pokémon card for $16,500,000, setting a world record in the category. However, this stroke of luck in the NFT world was not replicated by other investors. Participants who bet on fragmented Pokémon collections experienced significant losses, revealing the inherent volatility of the digital asset market. While Logan Paul made substantial gains in his NFT transaction, retail speculators faced opposite realities, suffering the blow of market correction and lack of liquidity in these decentralized assets.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Logan Paul pocketed $8 million in a high-stakes deal by selling a PSA-10 graded Pokémon card for $16,500,000, setting a world record in the category. However, this stroke of luck in the NFT world was not replicated by other investors. Participants who bet on fragmented Pokémon collections experienced significant losses, revealing the inherent volatility of the digital asset market. While Logan Paul made substantial gains in his NFT transaction, retail speculators faced opposite realities, suffering the blow of market correction and lack of liquidity in these decentralized assets.