Welcome to Metaverse Market Analysis! Every Monday we bring you the latest statistics and data on the general state of the Metaverse market. This column is in partnership with the amazing team at OneLand, a financial platform for virtual lands in the Metaverse. This week brings the OneLand Metaverse Market Analysis statistics from February 27 to March 5, 2023.
a land 7 day data shows the total land cap for the 10 listed projects stable (-0.23%) in ETH terms at 927,287 ETH, or approx. $1,450 million (-4.9%). $ETH fell 4.68%, roughly 30% worse than the overall crypto market cap (-3.3%), with $ARENA -13.9% and $MANA -12.1%.
7-day trading volumes (-41.7%) were down significantly across the board this week except for the decentralized.
Context:
- Although average prices increased by decentralizedsimply due to its biggest LAND sale in 6 weeks, the land market capitalization fell 12.8% to its lowest level in over 6 months.
- dream space not posting weekly sales for the second time since just before the late-2021-early-2022 bull run.
- Plot Business Activity In Upcoming MMORPG treeverse fell sharply this week (on the heels of news of a reduction in its workforce) with sales plunging to just 9 (-78%) and average prices falling to their lowest level since July of last year.
Stand out: Other side
emotion in the Other side The community has been building lately as the imminent release of the Second Voyage approaches. Average prices are rising, in the last 7 days they are up another 14.9% to 4.69 ETH. In the meantime, Twitter Spaces like Otherside’s fan communities @NFTea, OtherSpace and anotherguild keep pumping up the vibes and informing the public.
Even more, the belief has been reasserted in the metaverse project on the back of Yuga Labs flexing its muscles in other projects like the endless running game Dookey Dash, its acquisition of 10KTF and the recent release of the TwelveFold collection of Ordinals NFT based on Bitcoin. .
Although volumes (-33.3%) and sales (-41.8%) fell this week in line with other projects, Other actions’ Territorial capitalization, at 487,403 ETH (+5.8%), or $762.6 million, has now risen week-over-week for 14 of the past 15 weeks, and is up 26.6% year-to-date.
For explanations of our data calculations, see https://docs.oneland.world.
For full metaverse project and market data, see oneland.world.
Join us on Tuesdays at 5am UTC (that’s Paris 6am, Beijing 1pm). Metaverse data analysis. In the process, we’ll show you how easy it is to navigate oneland.world and refine the data you want.
They want more? Connect with NFT Plazas
Join the weekly newsletter
join our discord
Follow us on Twitter
Like us on facebook
Follow us on Instagram
*All investment/financial opinions expressed by NFT Plazas come from the personal research and experience of our site moderators and are intended for educational purposes only. People are required to fully research any product before making any type of investment.
Financial platform for virtual land in the metaverse.
!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,’script’,’https://connect.facebook.net/en_US/fbevents.js’);
