November 11 - 15: This week in NFTs, recapped in one letter

Gm gm,

It’s been a dizzying week of all-time highs, with eye-watering numbers in BTC, memecoin market-cap, and ETH ETF inflows.

Coinbase entered the top 20 rankings on Apple App Store, the Punks floor is at 100K, and my dad just asked me what $PNUT is. LFG.

All of this was the perfect backdrop for the Doodles x McDonald's collab, featuring the most vibe-y coffee cups you’ve ever clapped eyes on. US fam - post some to your international friends please 🥹

Here at Rarible HQ, we’re doubling down on our commitment to artists with a new campaign of IRL events. Catch us at Marfa this weekend rocking killer merch and meeting some of the best artists in the space. We’re Rarible, and we’re here for the art.

HIGHER!!!

Jason Yanowitz gave a great run-down of the 4 phases of a bull market. Buckle up, we’re in for quite a ride.

• The FBI raided Polymarket CEO Shayne Coplan’s home and seized his phone. They claim that the prediction market may have been in violation of US gambling restrictions. Coplan’s response on X was comedy gold.
  

• 18 US states are suing the SEC after Gensler hinted that he may be stepping down. Revenge is a dish best served ice-cold baby.
  

• Another ‘Lost Robbie’ sells for 210 ETH. We love watching these appear one by one - Gotta catch ‘em all!

MEK.txt is an Indonesian digital artist, with a day job in design and typography. They’ve got an intricate, unique style and a solid community. We’re looking forward to an exciting collab coming your way soon!

Beauty is in the eye of the NFT holder