On January 5, according to NFTGO data, the market value of “PhantaBear” NFT exceeded 10 million U.S. dollars and is currently 10.73 million U.S. dollars, a 24-hour increase of 22.53%. At the time of writing, the total amount of “PhantaBear” NFT transactions reached USD 13.94 million, and the current floor price is 0.69 ETH.
On January 3, Jewell Music Company issued a statement stating that the “PhantaBear” business activity had nothing to do with Jay Chou and was not Jay Chou’s NFT launch, but Jay Chou subsequently changed his Instagram profile picture to PhantaBear NFT works.