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American rapper Eminem, otherwise known as Marshall Mathers III, has plunged into the non-fungible token (NFT) craze by buying a Bored Ape Yacht Club NFT for more than $450,000 on the OpenSea’s NFT marketplace and officially joining the “Bored Ape Yacht Club.”

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The NFT he bought, “EminApe,” was created by Bored Ape Yacht Club member GeeGazza. The Bored Ape Yacht Club NFT collection gained prominence last year, ratcheting up over $1 billion in global trade volume.

Under the name Shady Holdings, Eminem is the owner of multiple NFTs, including “Lil Baby Doodles X” NFTs. These feature Eminem's stencil artwork under the title “Ditaggdogg#1."

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Last September, Sotheby's auctioned a collection of Bored Ape Yacht Club NFTs for $24.4 million.

Recently, NFTs have surged in popularity, with Google Trends revealing that search trends for NFTs now eclipse that for crypto itself. According to Dappradar, the top five collections of 2021 were Axie Infinity, Cryptopunks, Art Blocks, Bored Ape Yacht Club and NBA Top Shot, collecting more than $8 billion in sales volume in 2021.

Eminem is not the only celebrity to enter the Bored Ape Yacht Club craze. This past December, legendary rock musician Ozzy Osbourne claimed he asked his wife to buy one for him over Christmas after several unsuccessful attempts. Osbourne eventually gave up and launched his own CryptoBatz NFT project.

A$AP Rocky, Snoop Dogg, Kings of Leon and The White Stripes are other musicians who have entered the NFT space over the past year.