NFT of Jack Dorsey’s First Tweet Draws Bids Below $40,000 in Disappointing Resale

Jack Dorsey created the first-ever tweet in 2006. Its Non-fungible Token, which held so much potential, now suffers a massive devaluation. From a $2.9million purchase value, it has plummeted to only a few thousand dollars. The famous tweet read – “just setting up my twttr” – and was purchased by Sina Estavi in 2021 for 1,630.58 ether. At that time, Estavi outbid other investors to bag the NFT at about $2.9million. Estavi who is the CEO of a Malaysian-based crypto…