Welcome to Metaverse Market Analysis! Every Monday we bring you the latest statistics and data on the overall 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 September 18-24.
Support your TheSandbox LAND and earn 2.3% APY*. Stake your $SAND and earn 6.73%* APY (*25.9.2023)
7D data shows that the aggregate real estate market capitalization of the 10 projects listed on OneLand fell by 4.02% to 660,635 eth (or -6.52% to $1.04 billion). The total nft cap fell 6.92% to 2.69 million eth, while $eth ended the week down 2.61% to $1,580.75.
Meta-rankings: real estate market capitalization (7D)
Looking at Decentraland, another 7D LAND drop (-15.47%) saw their LAND limit plummet to 140k eth, with slow trading activity lately and only 7 sales over the past week for a meager volume of 3, 5 eth (-60.1%).
7D Otherdeed sales (+71.4% to 156) and volume (+51.9% to 131.31 eth) re-emerged above 100 and 100 eth respectively for Otherside (which both sank below the week former).
MetaRankings – Trading Volume (7D)
It happened just as Yuga Labs cemented partnerships in a move to “drive development” and AIP-304 approved ApeCoin DAO’s investment in Yuga assets worth $11 million APE. $APE continues to fall, last week another 0.78% to 1.10530 eth, about half of what it was 3 months ago.
Over the past 30 days, Otherside’s sales count dropped by 20% and its trading volume by 47.7%, while Otherdeeds’ cap fell 4.29% to 326,358 eth.
Meanwhile, Voxels witnessed its most active trading week since the same time last month (7D volume +530%), with 4 sales on Monday, resulting in its highest daily volume in over a month. 30D volume is still down 39.6%.
Voxels – Commercial plots (30D)
With a BYORacer launch date set for early October, there is a level of excitement in the air among the BYOPills community. The surge in BYOLands sales over the weekend extended to Monday and Tuesday, recording more than 400 over the fortnight.
BYOLands on BYOverse – Sales and Transfers (7D)Somnium Space also enjoyed a weekly rebound in trading with 13 packs (+333%) in mobile wallets and 7D volume increasing 230.5%.
Meanwhile, apartment purchases declined at Worldwide Webb as excitement from the 3-week Rugbusterz Rumbles subsided, 7D sales and volume retreated 82.6% and 94.4% respectively, while its limit Total land remains within the 10-11k eth zone.
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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, the 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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