Steve Aoki's NFT Rave Is Dead: DJ Dumps SHIB and PEPE While His Bored Apes Crater 88%

Remember when Steve Aoki told CoinDesk NFTs would be "part of culture" within five years? Almost exactly five years later, the DJ is quietly packing up his chips and heading for the exit—probably to buy some real estate in the metaverse that actually exists.

Aoki's wallet recently sold 1.785 billion SHIB for roughly $10,300 and swapped 7.25 ETH for about $15,900, routing $29,650 in USDT to Gemini. Two weeks prior, he offloaded 4.155 billion PEPE through 1inch for $14,700. Smaller stablecoin movements through MetaMask filled the gaps. It's giving "emergency taco Tuesday fund" energy.

These sales are pocket change, but the losses are not.

His remaining seven Bored Ape Yacht Club NFTs, purchased for over $800,000 during the 2021 peak, are now worth approximately $97,000 total—an 88% decline. He hasn't sold them yet, but at current floor prices, there's little left to recover. At this point, his Apes are less valuable than a mid-tier JPEG of a rock.