Welcome to Metaverse Market Analysis! Every Monday we carry you the most recent stats and knowledge on the general state of the Metaverse market. This column is in partnership with the unbelievable group from OneLand, a monetary platform for digital lands within the Metaverse. This week brings the OneLand Metaverse Market Analysis stats for February 13 -19, 2023.
OneLand knowledge exhibits whole land caps (7D) for the ten metaverse tasks listed down 0.68% to 935,764 ETH, however up 11.2% in USD as each $ETH and the general crypto market cap had a optimistic week. Trading quantity in USD phrases was up an unbelievable 29%, on the again of 7-day will increase from each The Sandbox (13.2%) and, significantly, Otherside (+24.3%).
Overall, there have been much more gross sales final week, however at decrease costs – 7 of the ten listed tasks recorded increased gross sales counts, coinciding with weaker common costs throughout the board. More consumers had been propelled into the metaverse VRE market this week, and so it is sensible that they’d are available in on the low finish, at the very least by way of the worth of their in-wallet (i.e. crypto) currencies.
Context:
- Sales (-21%) and quantity (-27.2%) of Decentraland LAND have been on a downward pattern for the reason that begin of the 12 months, notably since hitting its high Daily Trading Volume in 8.5 months on Jan 3.
- NFT Worlds has outranked Decentraland in each quantity (-16%) and gross sales (-5.4%) for over a month now.
- Metaverse tokens rally ($SAND +11.4%, $MANA +9.1%, $WRLD +7%) – in step with $ETH (+11%) and total crypto market (+9.8%).
Highlight: Worldwide Webb
Worldwide Webb Apartments file a ripper of a Saturday, recording a large 191 each day gross sales, greater than twice that of Otherside.
It induced weekly gross sales quantity to rocket 449% to 77.94 ETH on the again of 247 impartial trades (+474%).
Included was a high sale for 9.0 ETH for a Penthouse, solely the second sale above 2.55 ETH within the final 8 months. But even this might not increase the land cap in ETH phrases (-1%), as a bunch of sub-0.3 ETH trades on the day pulled the each day common worth down 8.8% beneath its present 30-day common.
But in USD phrases, Worldwide Webb 7-day land cap was up 10.8% in step with the full land cap of OneLand-listed tasks and the general crypto market.
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For explanations of our knowledge calculations, test https://docs.oneland.world.
For complete metaverse market and venture knowledge, test oneland.world.
Join us Tuesdays at 5am UTC (that’s Paris 6am, Beijing 1pm, Sydney 4pm) for a Metaverse Data Dive. In the method, we’ll present you the way simple it’s to navigate oneland.world and hone in on the information you need.
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*All funding/monetary opinions expressed by NFT Plazas are from the non-public analysis and expertise of our website moderators and are meant as instructional materials solely. Individuals are required to completely analysis any product prior to creating any sort of funding.
Financial platform for digital lands within the metaverse.
