MIAMI, FLORIDA, USA, August 18, 2022 /EINPresswire.com/ -- Jack Dorsey's first-ever tweet, which sold as an NFT (or non-fungible token) in March 2021 for over $2.9 million, is now only worth thousands of dollars. (MIAMI, FL) - Back then Jack Dorsey, then-CEO of Twitter, auctioned his first tweet as an NFT and a collector purchased it for 1630.58 Ether, which was worth $2.9 million at the time. One year later, the buyer relisted the same NFT for sale on OpenSea and announced that he planned to donate 50% of the proceeds to charity. The highest bid it received? $9968 – a $2,905,867 drop in value. Despite the low bid, NFTs still have tremendous value today. In the same month, it received the $9668 bid, the market entered hype mode with monthly trading volume on OpenSea jumping to $2 billion, up from $150 million just one year prior. “We can change this narrative” says Dr. Ravi Singh, Founder of SocialPayMe, the first ever online platform and marketplace dedicated exclusively to social...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...