April 22 - 26: This week in NFTs, recapped in one letter

Gm,

Things are looking bullish, frens!

We’re wrapping up the week with Ethereum leading NFT trading volume ahead of Bitcoin. No joke, ETH NFT rankings are green and BAYC is a top performer. WE’RE SO BACK.

Can you imagine a world where Stripe supports stablecoin payments on its over 2.84 million live websites? Well, it’s on. Summer 2024 is shaping up to be epic.

In the meantime, memecoins are bouncing with degens calling for a supercycle and XCOPY wins artist of the week again.

Want to follow the NFT art path? Artists everywhere get the chance to apply for HUG’s Mother’s Day Open Call with RARI Chain in the next few days 💜

Speaking of opportunity, you can still get your Amber Vittoria’s drop ‘Insignificantly Significant’ for only 2 CELO. Mint is live now on the new RaribleX-powered Celosphere marketplace.

🛸 RaribleX Files: Are you interested in building next-level web3 experiences? Subscribe to our monthly newsletter about new RaribleX features and partnership alpha.

The original ‘Guy Explaining in Nightclub’ meme is being auctioned as an NFT on Ethereum. Bids so far hit 15 ETH. Feels like 2021 again 😌

Who really knows what’s on chess master Frank’s mind? All the DeGods bridging back to Solana rumors this week seem to make it the ETH NFT bottom.

• Melania Trump launched a $245 customizable Mother’s Day necklace which comes with Solana NFTs.

• Louis Vuitton jackets designed by Pharrell Williams are now €7,900 phygital NFTs available only to the 200 Treasure Trunk NFT holders. Now that’s high fashion.

• Web3 fights back! Consensys is suing the SEC in defense of the Ethereum ecosystem.

Is Alien Punks season confirmed yet? Crypto Punk #635 hit the top NFT sale of the week (and one of the largest ever)!

It was sold yesterday for 4,000 ETH, worth around $12.4 million.

Culture’s value? Sky-high and then some more.