Did Jack Dorsey’s first tweet NFT, initially acquired for an impressive $2.9 million, has experienced a dramatic devaluation in the current market? The tale of this digital collectible is a cautionary one for NFT enthusiasts. The story of Jack Dorsey’s first tweet NFT journey has been a rollercoaster, with an initial whopping value of $2.9 million, tied to its uniqueness and Twitter’s association. Fast forward to the present, and the resale value paints a starkly different picture. The hype surrounding NFTs has cooled, leaving some early adopters holding assets with significantly diminished value. Understanding why Jack Dorsey's first tweet NFT has a disappointing resale value requires exploring the volatile nature of the NFT market and the factors that influence demand and pricing. Was the $2.9 million price a bubble? Are celebrity-backed NFTs inherently unstable? Explore the reasons behind the plummeting value of this iconic digital asset and what it signals for the future of NFTs. Discover the current valuation of Jack Dorsey's 2.9m worth 1st tweet NFT and the lessons learned from this high-profile example of NFT market fluctuation. Is the disappointing resale value a sign of things to come for other high-priced NFTs?