Welcome to Metaverse Market Analysis! Every Monday we bring you the latest statistics and data on the state of the Metaverse Market. In partnership with the amazing team at OneLand, a financial platform for virtual LANDs in the Metaverse, this column offers OneLand Metaverse market analysis statistics for November 13-19.
Date OneLand 7D shows the aggregate LAND market cap for our 10 projects listed last week, down 1.27% to 661,169 eth (-1.01% to $1.33 billion).
MetaRanking (7D) – LAND market capitalizationLast week was a more stable week in the overall cryptocurrency and nft markets. Volumes were down, but not in certain LANDs of the metaverse.
Sales figures and trading volume soared by 287% and 217% respectively with a mid-week liquidation at HYTOPIA, probably not unrelated to the project dispelling rumors of a move away from Web3. The result: HYTOPIA experienced its first 7-day drop in its LAND limit (-6.01%) in 3 months (during which time its LAND limit increased by 49.6%).
Market capitalization and volume – HYTOPIA (3M)Decentraland (-6.8%) lost over 9,000 eth at the LAND cap as it maintains its focus on live performances and events, such as the current DCL Music Festival, in contrast to The Sandbox’s “sales” strategy. ” and LAND virtual games.
Smaller metaverse projects, in terms of virtual real estate limits, also saw increased trading last week.
More hype around Somnium Space’s VR headset sparked a rush of weekend trading, with 7D sales and volume up 283% and 356% respectively.
While on Treeverse, 6.21 eth of trading volume on Sunday completed a week that saw the game’s biggest LAND sale in 6 months, with the average price now up 118% in the last month. In fact, a closer look at the Treeverse data reveals an emerging pattern, with groups of traders seemingly busy once outside the 9-to-5 weekday hours.
The average price of an Other Writing rose 31.71% this week thanks to 4 trades whose price ranged between 13.3 and 15 eth. Helped maintain a higher volume of 7D operations, while also helping Otherside The real estate market capitalization remains above 340,000 eth.
Things seem to be heating up in Otherside, with Otherdeed prices rising.
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For explanations of our data calculations, see docs.oneland.world/. For metaverse project and market data, see oneland.mundo.
a land is a comprehensive MetaHub providing data and analysis from Metaverse, LAND nft marketplace, LANDFi tools and Metaverse MediaHub. Our mission is to make it easy to discover, access, stay tuned, research, and invest in the metaverse projects you love most.
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*All financial/investment opinions expressed by nft Plazas come from the personal research and experience of our site moderators and are intended to be educational material only. People should thoroughly research any product before making any type of investment.
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