Jack Dorsey's '$2.9M' NFT Tweet Auction Brings Top Bid of $280

But as with every speculative market, there are losses in the NFT world.Lotsof them.

When the auction ended, the highest bid was $280 (0.09 ether),CoinDesk reported.

why not 99% of it?

Estavi was contacted for comment but did not immediately respond.

Those hoping that this presages the end of NFTs may be disappointed, though.

Over$2.4 billion-worthof nonfungible tokens were traded on OpenSea last month.

OpenSea’s volume last April, when Estavi initially bought the NFT, was $96 million.