Following impressive sales, OpenSea has officially delisted the Not Okay Bears collection.

In under 24 hours, Not Okay Bears – resembling Solana's initiative but based on Ethereum – made a significant impression on the market. Okay Bears Within just one day, the Not Okay Bears managed to secure the top position in 24-hour sales on platforms like OpenSea and LooksRare, accumulating over $6 million in the secondary market.

It's relatively rare to witness an Ethereum project mimic a collection from Solana. Okay Bears is renowned as the top collection on Solana, having the highest trading activity up to this point. As evidenced, Not Okay Bears' website shares a striking resemblance to that of Okay Bears, which raised some eyebrows at OpenSea.

The drop of 10,000 NFTs from this collection has branded itself as a mental health advocate during the ongoing bear market. The creators generously allocated 35.8 ETH from their sales to the Mental Health Impact Index Fund. Thanks to The Giving Block’s donation matching initiative, their total contribution reached an impressive 70 ETH. donated In response to user outrage over the high trading activity of the derivative collection, OpenSea swiftly removed it from their platform, leaving Not Okay Bears holders with NFTs that could no longer be traded, further igniting frustration as other derivative NFTs continued to be available for trade on the leading platform.

After reaching a peak floor price of 0.33 ETH, the value of the collection took a nosedive of about 90% post-Opensea delisting, with the bears now trading for just 0.03 ETH. However, LooksRare, OpenSea's competitor, currently lists Not Okay Bears at a floor price of 0.07 ETH. At the outset of the launch, one keen Twitter user minted 90 Not Okay Bears for free, just covering around $30 in gas, and later flipped them for a staggering profit of about $21,000.

Rumors are suggesting that the Not Okay Bears team has ambitious plans to launch their very own NFT marketplace. sale Nearly $800,000 worth of NFTs was stolen in a hack targeting the Rare Bears NFT Discord server. shared According to Cryptocurrencylistings Markets, Bitcoin prices are experiencing a downward trend.

Charities are starting to explore opportunities within the Metaverse.

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