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 OneLand Metaverse market analysis statistics for October 23-29.
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Date OneLand 7D shows aggregate LAND cap of 10 projects stable in eth, +0.05% for the week at 664.849 eth.
In dollars, however, LAND limits increased by 7.95% to $1,194 million. eth price, which rose 7.89% to $1,795.59, set the agenda for the Metaverse LANDs, with another btc-inspired 7D crypto rally that saw the total crypto capitalization soar 11.4%.
![Meta Rankings: Market Cap (7D)](https://technicalterrence.com/wp-content/uploads/2023/10/OneLand-Metaverse-Market-Analysis-October-23-29.png)
HYTOPIA kicked off last week celebrating a cool $3 million injection led by Delphi Ventures. It ended with LAND market cap rising 2.76% to 20,588 eth, another 100+ eth of weekly volume, and another excellent sell-top of 11.44 eth.
![](https://technicalterrence.com/wp-content/uploads/2023/10/1698667542_199_OneLand-Metaverse-Market-Analysis-October-23-29.png)
![](https://technicalterrence.com/wp-content/uploads/2023/10/1698667542_199_OneLand-Metaverse-Market-Analysis-October-23-29.png)
Meanwhile, Otherside saw a second consecutive 7D increase in LAND limit after gaining approx. 200 eth in sales for the second week in a row, driven by a 23 eth Otherdeed trade, the most expensive in 2 months.
It was an exciting week at Worldwide Webb, with the gaming community energized by their week-long playtest in Playa. Apartment sales (+33.3% to 52) rose to their highest count of 7D in almost 4 months, incl. a healthy top sell of 4.49 eth that saw a volume increase of 183.67% to 12.32 eth.
It’s true that the LAND limit (+0.13%) and prices barely changed, but you can’t put a price on either the advertised vibes or the large amount of community feedback. The number of incumbents (down 8.6% last year) even bucked the trend, increasing slightly to 4,045.
![](https://technicalterrence.com/wp-content/uploads/2023/10/1698667543_615_OneLand-Metaverse-Market-Analysis-October-23-29.png)
![](https://technicalterrence.com/wp-content/uploads/2023/10/1698667543_615_OneLand-Metaverse-Market-Analysis-October-23-29.png)
Additionally, LAND trading was quiet last week in Arcade (volume -88.8%), BYOPills (-78.7%), and Decentraland (-69.1%).
Even in a busy world like Decentraland, higher prices (than other projects except Otherside and HYTOPIA) will always mean few sales in a bear market; this week there were only 7, the project’s LAND cap dropped by over 5k eth to 135,483 eth. But it may also be that few are willing to sell the OG Metaverse: the number of LAND holders continues to increase.
![](https://technicalterrence.com/wp-content/uploads/2023/10/1698667544_953_OneLand-Metaverse-Market-Analysis-October-23-29.png)
![](https://technicalterrence.com/wp-content/uploads/2023/10/1698667544_953_OneLand-Metaverse-Market-Analysis-October-23-29.png)
Meanwhile, the rally in the cryptocurrency market saw Metaverse tokens $MANA (+26.7%), $APE (+22.7%), and $SAND (+16.1%) rise over the week.
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For explanations of our data calculations, see docs.oneland.world/. For Metaverse market and project data, see oneland.world.
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OneLand is a comprehensive MetaHub providing data and analytics 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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