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 Metaverse Market Analysis stats for the first week in January 2023.
Crypto’s healthy start to 2023 only got better in its second week, with a 20+% rise in $ETH leading to a 23.2% rise in land cap USD-denominated, though only 2.26% in ETH terms, for the 10 projects listed on OneLand.
Context:
- Treeverse closed its Pre-Alpha game testing, leading to a comedown in land plots trading activity from the hype of the first week of 2023, volume -63.6%. But floor prices (+84%) and land cap (+5%) are up for the year.
- Otherside received its top sale (93 ETH) of an Otherdeed since Sep 27.
- Metaverse tokens have been on a bull run this year, outperforming the rest of the crypto market. $MANA rocketed 85.7% in the past 7 days alone, up 141% in 2023.
Highlight:
- NFT Worlds enjoyed its top sale for a World (3.0ETH) and highest daily trade volume in (10.82 ETH) in three months.
NFT Worlds announced that development is ahead of schedule, while they are looking to airdrop more in-game items to the community and upgrade their system as they ready to launch a new game in 2023.
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For explanations of our data calculations, check https://docs.oneland.world.
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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.
