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NFT from the first Twitter tweet plummets to $277 after selling for $2.9 million in 2021

The post by Jack Dorsey, former Twitter CEO, when the network was finally online has lost its value just a year after being sold

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The businessman who acquired last year the NFT of the first ‘tweet’ of Jack Dorsey published on Twitter for 2.9 million dollars has auctioned it with a starting price of 48 million, obtaining an offer of less than 7,000 dollars for it one year later.

Sina Estavi, CEO of Bridge Oracle, announced last week his intention to sell the NFT of the first ‘tweet’ in history, which he currently owns after acquiring it in March last, when it was sold by Jack Dorsey himself. So, the transaction was settled for 2.9 million euros.

Estavi assured that of the sum he obtained he would donate half to a charity, that is, about 25 million dollars, assuming that he would obtain at least 50 million. To do this, he put it up for auction on April 9 on the OpenSea platform for $48 million, according to Kotaku and Coin Desk.

The auction closed this Wednesday with seven offers, of which the highest was 0.09 ETH, about 277 dollars. However, it continues to accept proposals, and of those received later, at the time of writing this news, the highest reaches 2.2ETH ($6,802.51).


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