Jack Dorsey’s First Tweet’ NFT Went on Sale for $48M. It Ended With a Top Bid of Just $280

A non-fungible token (NFT) of Twitter founder Jack Dorsey’s first-ever tweet, which was placed on sale for $48 million a few days ago could end up being sold for just $275 worth of ETH

In March 2022, Sina Estavi, a crypto entrepreneur purchased the NFT for $2.9 million worth of ETH through the leading NFT marketplace OpenSea.

Read Also: Just On Monday, Athlete On March 14 2022, The Premier Leagues’ Management Has Approved Consensys To Be Part Of Its NFT Efforts. This Approval Came During The Most Recent Shareholders’ Meeting Of The EPL Board.

Last week’s Thursday, Estavi took to Twitter to announce that he has decided to sell the rare NFT. According to the crypto investor, relatively 50% of its proceeds, which he thought would be $25 million, will be donated to charity.

Sina Estavi tweeted, “I decided to sell this NFT ( the world’s first-ever tweet ) and donate 50% of the proceeds ( $25 million or more ) to the charity.”

Relatively Low Bid So Far

The auction closed about two days ago on OpenSea, with just seven offers. And the highest bidder is offering just 0.09 ETH worth $275 at current prices, while the lowest bidder offers 0.0019 ETH worth about $6.

It’s worth noting that the investor has to take the bid, if not, it will expire in a few hours. In a discussion with CoinDeck on Wednesday, Estavi said, “The deadline I set was over, but if I get a good offer, I might accept it, I might never sell it.”

Read Also: Cardano Dip To 0.8$,Time To Buy

It can be deduced that Estavis crypto ventures Bridge Oracle and CryptoLand collapsed after he was arrested in Iran last year, presently, he’s in the process of re-launching the Bridge Oracle tokens (BRG) on the BNB Chain, which were previously on the Tron blockchain.