{"id":9729,"date":"2023-07-21T09:52:30","date_gmt":"2023-07-21T09:52:30","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/07\/21\/jack-dorseys-first-tweet-nft-plummets-in-value-from-2-9m-to-less-than-4-today\/"},"modified":"2023-07-21T09:52:30","modified_gmt":"2023-07-21T09:52:30","slug":"jack-dorseys-first-tweet-nft-plummets-in-value-from-2-9m-to-less-than-4-today","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/07\/21\/jack-dorseys-first-tweet-nft-plummets-in-value-from-2-9m-to-less-than-4-today\/","title":{"rendered":"Jack Dorsey&#8217;s First Tweet NFT Plummets in Value: From $2.9M to Less Than $4 Today"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400\">Discover the rollercoaster ride of Jack Dorsey\u2019s first tweet NFT, from $2.9 million to $3.77.\u00a0<\/span><\/p>\n<p><b>TL;DR:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Jack Dorsey\u2019s first tweet NFT journey has been a rollercoaster, with an initial whopping value of $2.9 million, tied to its uniqueness and Twitter\u2019s association.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Fast forward to today, the NFT\u2019s value has plummeted to a mere $3.77, leaving everyone astonished at the drastic decline.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Despite efforts to resell for $48 million and a charitable motive, the bids were disappointingly low, reflecting the challenging times for NFTs amid a broader crypto market downturn.<\/span><\/li>\n<\/ul>\n<figure id=\"attachment_122882\" aria-describedby=\"caption-attachment-122882\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-122882 size-full\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/jack.jpeg\" alt=\"Still from Jack Dorsey Tweet\" width=\"1800\" height=\"650\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/jack.jpeg 1800w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/jack-300x108.jpeg 300w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/jack-1024x370.jpeg 1024w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/jack-768x277.jpeg 768w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/jack-155x56.jpeg 155w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/jack-150x54.jpeg 150w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/jack-450x163.jpeg 450w,   https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/jack-1200x433.jpeg 1200w\" sizes=\"(max-width: 1800px) 100vw, 1800px\"\/><\/noscript><figcaption id=\"caption-attachment-122882\" class=\"wp-caption-text\">Jack Dorsey\u2019s First Tweet Now Worth Only $4<\/figcaption><\/figure>\n<h2><span id=\"Jack_Dorseys_First_Tweet_NFT_Plummets_in_Value\"><b>Jack Dorsey\u2019s First Tweet NFT Plummets in Value<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400\">It\u2019s been a rollercoaster ride for Jack Dorsey\u2019s <a href=\"https:\/\/twitter.com\/jack\/status\/20?lang=en\" target=\"_blank\" rel=\"noopener\">first tweet <\/a>NFT! Back in 2021, crypto entrepreneur Sina Estavi made headlines when he snagged the historic tweet as an <a href=\"https:\/\/nftevening.com\/nft-non-fungible-token-guide\/?swcfpc=1\" target=\"_blank\" rel=\"noopener\">NFT<\/a> for a whopping $2.9 million. Fast forward two years later, and things have changed. The same NFT, which was once valued so highly, is now facing a rough time. The best offer on the table currently sits at a mere $3.77.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Despite his best efforts to resell the NFT since 2022, Estavi\u2019s dreams of making a charitable contribution were dashed. He listed the digital asset for $48 million, with the intention of donating half to charity. The bids could have been much higher, ranging from $280 to the highest offer of $6,800.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Amidst the market downturn in the crypto world, the NFT sector has also taken a hit. The value and activity of digital assets have seen a significant decline, and some big names like Bored Apes and Crypto Punks have suffered more than a 70% drop in their floor prices since their peak levels.<\/span><\/p>\n<p><span style=\"font-weight: 400\">It\u2019s a wild ride in the world of NFTs, and as the market continues to evolve, who knows where it\u2019ll take us next? Only time will tell. But for now, Jack Dorsey\u2019s first tweet NFT has undoubtedly experienced its share of ups and downs.<\/span><\/p>\n<p><iframe data-test-id=\"beehiiv-embed\" width=\"100%\" height=\"320\" frameborder=\"0\" scrolling=\"no\" style=\"border-radius: 4px; border: 2px solid #e5e7eb; margin: 0; background-color: transparent;\" class=\"perfmatters-lazy\" data-src=\"https:\/\/embeds.beehiiv.com\/37fed65e-f01c-4c4c-b8f1-1b71da0be0a4\"><\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/embeds.beehiiv.com\/37fed65e-f01c-4c4c-b8f1-1b71da0be0a4\" data-test-id=\"beehiiv-embed\" width=\"100%\" height=\"320\" frameborder=\"0\" scrolling=\"no\" style=\"border-radius: 4px; border: 2px solid #e5e7eb; margin: 0; background-color: transparent;\"><\/iframe><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/nftevening.com\/jack-dorseys-first-tweet-nft-plummets-in-value-from-2-9m-to-less-than-4-today\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Discover the rollercoaster ride of Jack Dorsey\u2019s first tweet NFT, from $2.9 million to $3.77.\u00a0 TL;DR: Jack Dorsey\u2019s first tweet NFT journey has been a rollercoaster, with an initial whopping value of $2.9 million, tied to its uniqueness and Twitter\u2019s association. Fast forward to today, the NFT\u2019s value has plummeted to a mere $3.77, leaving [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/07\/jack.jpeg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/9729"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=9729"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/9729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/9730"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=9729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=9729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=9729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}