Welcome to Metaverse Market Analysis! Every Monday we bring you the latest stats and data on the overall state of the Metaverse market. This column is in partnership with the incredible team from OneLand, a financial platform for virtual lands in the Metaverse. This week brings the OneLand Metaverse Market Analysis stats for April 17 – 23, 2023.
Total land cap of the 10 projects on OneLand ended the week down 3.75% at 814,078 ETH or $1.516 billion. ETH retreated 12.17%, with metaverse tokens SAND (-14.5%) and MANA (-12.5%) following suit.
Context
Price performance was mixed this week. Decentraland and Arcade enjoyed small rebounds, while Worldwide Webb recovered 125% ,thanks to Penthouse 9033 passing hands for 10.5 ETH.
Otherdeeds saw 7.33% shaved off its value in ETH this week, but it looked much worse in USD at -18.6%. As prices continue to sink from March highs, trade volume in Otherdeeds doubled this week, as sales rose 162%.
Meanwhile, trading activity has been picking up all month at NFT Worlds. Prices have been rising, and this week’s top sale of 8.5 ETH was its highest in a year.
7-day sales of The Sandbox LANDs were up 52.8%, a month high, buoyed by lower prices
For explanations of our data calculations, check docs.oneland.world/. For comprehensive metaverse market and project data, check oneland.world.
OneLand is a 1-stop MetaHub — providing Metaverse market data & analytics, a Land NFT marketplace, LandFi tools and Metaverse MediaHub. Our mission is to make it easy to discover, access, stay tuned to, research and invest in the metaverse projects you love most.
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*All investment/financial opinions expressed by us are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
