Jack Dorsey's first tweet NFT value dropped from $2.9 million to just $280

Updated : Apr 14, 2022 15:59
|
EJ Biz Desk

Jack Dorsey's NFT of his first-ever tweet, which was sold for $2.9 million last year, is now worth just $280.

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Crypto entrepreneur Sina Estavi bought Twitter founder Jack Dorsey’s first-ever tweet as an NFT for $2.9 million in March 2021. He listed the NFT for sale again at $48 million last week.

However, the auction closed Wednesday, with just seven total offers ranging from 0.09 ETH ($277 at current prices) to 0.0019 ETH (almost $6).

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Last Thursday, he announced on Twitter that he wished to sell the NFT, and pledged 50% of its proceeds (which he thought would exceed $25 million) to charity. 

TwitterNFTJack Dorsey

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