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 from October 30 to November 5.
Date OneLand 7D shows the land cap of 10 projects ending the week up 0.21% at 666,221 eth, or +5.65% at $1.261 billion.
It was a positive week for both cryptocurrencies and NFTs, with $eth rising 5.48% to $1,894.03 and the total nft cap rising 6.64%.
Metaverse tokens increased in kind: $MANA +5.26%, $SAND +5.36%, $APE +4.07%, $TOPIA +2.78%, $CUBE +19.6%.
Voxels started last week with a relative flurry of land sales that allowed it to record its highest volume of 7D (+810%) and a top sale in more than 3 months.
Meanwhile, Worldwide Webb enjoyed another great week of trading (earning 10.94 eth in trading volume) as it closed out its week-long playtest with an exclusive nft for its players and contests to win an Apartment. The points high on the horizon in the chart below represent Penthouse sales, which tend to occur during peak trading hours.
It was a similar result for Treeverse, which also saw two consecutive weeks of excellent trading, the 2 weeks of volume (26.94 eth) almost equivalent to the previous 2 months combined. But it was a second week of faltering trading volumes for both BYOPills and Arcade.
If you look at some of the biggest guns, or on the rise…, HYTOPIA’s land cap (+1.82%) continues to rise, even as its prices, which have skyrocketed sharply, eased a bit this week , down 5.9% from 2.72 to 2.56 eth.
Otherside and Otherdeeds saw 3 consecutive weeks of rising land caps as weekly volume reached 230 eth, its highest level in a month.
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Check here for details and instructions on how to Support your LAND and/or $SAND Sandbox with OneLand (it’s simple!).
For explanations of our data calculations, see docs.oneland.world/. For Metaverse project and market data, see oneland.mundo.
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The post OneLand Metaverse Market Analysis: October 30 to November 5 appeared first on nft Plazas.