{"id":16856,"date":"2023-02-13T13:38:26","date_gmt":"2023-02-13T13:38:26","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/metaverse\/oneland-metaverse-market-analysis-feb-6-12\/"},"modified":"2023-02-13T13:38:29","modified_gmt":"2023-02-13T13:38:29","slug":"oneland-metaverse-market-analysis-feb-6-12","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/metaverse\/oneland-metaverse-market-analysis-feb-6-12\/","title":{"rendered":"OneLand Metaverse Market Analysis: Feb 6 &#8211; 12"},"content":{"rendered":"<div itemprop=\"mainEntityOfPage\">\n<p>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 February 6 -12, 2023.<\/p>\n<\/p>\n<p><noscript><img fetchpriority=\"high\" decoding=\"async\" class=\" wp-image-53550 aligncenter lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/02\/OneLand-Metaverse-Market-Analysis-Feb-6-12-2-300x143.png\" alt=\"OneLand Metaverse Market Analysis: Feb 6 - 12\" width=\"695\" height=\"331\"  ><\/noscript><\/p>\n<p><span lang=\"EN-AU\"><span style=\"font-size: 11.0pt; font-family: 'Calibri',sans-serif;\">OneLand data<\/span><\/span><span lang=\"EN-AU\" style=\"font-size: 11.0pt; font-family: 'Calibri',sans-serif; color: black;\"> shows total land caps (7D) for the 10 metaverse projects listed up 1.05% to 942,217 ETH.<\/span><\/p>\n<p><span lang=\"EN-AU\" style=\"font-size: 11.0pt; font-family: 'Calibri',sans-serif; color: black;\">Those of Otherside, <\/span><span lang=\"EN-AU\"><span style=\"font-size: 11.0pt; font-family: 'Calibri',sans-serif; color: #1155cc;\">The Sandbox<\/span><\/span><span lang=\"EN-AU\" style=\"font-size: 11.0pt; font-family: 'Calibri',sans-serif; color: black;\"> and <\/span><span lang=\"EN-AU\"><span style=\"font-size: 11.0pt; font-family: 'Calibri',sans-serif; color: #1155cc;\">NFT Worlds<\/span><\/span><span lang=\"EN-AU\" style=\"font-size: 11.0pt; font-family: 'Calibri',sans-serif; color: black;\"> all increased, while Decentraland fell 3.5% to dip below 250k ETH. In USD terms, however, land caps fell by 7%, reflecting a similar 7% 7-day loss for $ETH.<\/span><\/p>\n<p><img decoding=\"async\" class=\" wp-image-53551 aligncenter lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/02\/OneLand-Metaverse-Market-Analysis-Feb-6-12-3-300x137.png\" alt=\"OneLand Metaverse Market Analysis Feb 6 - 12\" width=\"699\" height=\"319\"  ><\/p>\n<p><noscript><img decoding=\"async\" class=\" wp-image-53551 aligncenter lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/02\/OneLand-Metaverse-Market-Analysis-Feb-6-12-3-300x137.png\" alt=\"OneLand Metaverse Market Analysis Feb 6 - 12\" width=\"699\" height=\"319\"  ><\/noscript><\/p>\n<p><strong>Context:<\/strong><\/p>\n<ul>\n<li>$SAND rocketed 28% to $0.92 on Feb 7 as The Sandbox signed a MOU with the Saudi government to work together on the future Metaverse (see <strong>Market News<\/strong>). But the gains were sold in 48 hours, $SAND ending the week -4.9% to $0.70 (up 83% YTD).<\/li>\n<li>$SAND, $MANA (-10.8%) and $ETH (-7%) experienced a second week of corrections from January rallies.<\/li>\n<li>Trading activity at NFT Worlds continues to cool from January, recording 20% less volume and 30% less sales WoW, while native token $WRLD also corrected 29.5%. But perceived value still appears to be healthy (average price +13%), with an NFT World sold for 3.69 ETH its 2nd top sale in 5 months.<\/li>\n<\/ul>\n<p><strong>Highlight: <\/strong>Otherside<\/p>\n<p>Monthly NFT sales hit $1bn in January for the first time since May last year. Yuga Labs\u2019 NFT collections accounted for a full 34% ($324m) of it, as well as all Top 5 by volume \u2013 its blue-chip metaverse dream Otherdeeds ranked #4.<\/p>\n<p>160 ETH for an Otherdeed on Feb 9 was the top sale since Sep 27 (though it came with a BAYC NFT!), pushing the 7-day Average Price up 33% to 4.1 ETH. YTD, both Average Price and Floor Price are up, 18.7% and 17.9% respectively.<\/p>\n<p><img decoding=\"async\" class=\" wp-image-53554 aligncenter lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/02\/OneLand-Metaverse-Market-Analysis-Feb-6-12-4-300x138.png\" alt=\"OneLand Metaverse Market Analysis Feb 6 - 12\" width=\"703\" height=\"324\"  ><\/p>\n<p><noscript><img decoding=\"async\" class=\" wp-image-53554 aligncenter lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/02\/OneLand-Metaverse-Market-Analysis-Feb-6-12-4-300x138.png\" alt=\"OneLand Metaverse Market Analysis Feb 6 - 12\" width=\"703\" height=\"324\"  ><\/noscript><\/p>\n<p>It also lifted Otherdeeds\u2019 land cap by 3.26% to 434,793 ETH (or $652.8m). Total land cap for Otherside is already up 13% YTD, and 20% since hitting an ATL of 362k ETH in November.<\/p>\n<p>Otherdeeds\u2019 WoW trade volume of 1486.68 ETH ($2.33m) (+16.2%) dwarfed 2nd-placed The Sandbox with 112 ETH by a factor of 13, as anticipation continues to build in the community for the coming Otherside.<\/p>\n<p><em>***<\/em><\/p>\n<p><em>For explanations of our data calculations, check <\/em><em>https:\/\/docs.oneland.world<\/em><em>.<\/em><\/p>\n<p><em>For comprehensive metaverse market and project data, check <\/em><em>oneland.world<\/em><em>.<\/em><\/p>\n<p><em>Join us Tuesdays at 5am UTC in our Discord (that\u2019s Paris 6am, Beijing 1pm, Sydney 4pm) for a<\/em><em> Metaverse Data Dive<\/em><em>. In the process, we\u2019ll show you how easy it is to navigate<\/em> <em>oneland.world<\/em><em> and hone in on the data you want.<\/em><\/p>\n<p><b>Want more? <\/b><\/p>\n<p><a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/nftplazas\" target=\"_blank\"><\/a><\/p>\n<p><small><em>*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.<\/em><\/small><\/p>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async defer src=\"https:\/\/platform.instagram.com\/en_US\/embeds.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 February 6 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[38],"tags":[],"class_list":["post-16856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metaverse"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OneLand Metaverse Market Analysis: Feb 6 - 12 | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/metaverse\/oneland-metaverse-market-analysis-feb-6-12\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OneLand Metaverse Market Analysis: Feb 6 - 12 | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"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. 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