It has been more than a year since Sina-Estavi bought Jack Dorsey’s first tweet, which went down in history as NFT. Estavi, the co-founder of Twitter, bought the first tweet heralding the Twitter era as an NFT for $2.91 million, which made a lot of noise at the time.
From March 2021 to April 2022, the Iranian-based crypto entrepreneur decided to sell NFT for $50 million. However, the highest bid he could get was just 2 ETH at the time, or $6,250, still better than the 0.0166 ETH NFT received later.
The same NFT that brought Dorsey $2.9 million was down to $29. While the best buy offer rose to 0.25 ETH, or $400, in August, the value dropped once again to 0.15 ETH, which is currently worth $243. The lowest bid reached at 0.0001 ETH worth $1.62.
Now we have to wait and see if Estavi holds the remnants of the past. Speaking to the BBC, Estavi said he won’t sell unless he gets a high bid, or that he might sell it before the string of low bids that looks like it won’t get any better than the $30,000 best buy offer in the near future gets worse.
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