{"id":21149,"date":"2023-08-14T11:10:21","date_gmt":"2023-08-14T11:10:21","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/metaverse\/oneland-metaverse-market-analysis-august-7-13\/"},"modified":"2023-08-14T11:10:31","modified_gmt":"2023-08-14T11:10:31","slug":"oneland-metaverse-market-analysis-august-7-13","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/metaverse\/oneland-metaverse-market-analysis-august-7-13\/","title":{"rendered":"OneLand Metaverse Market Analysis: August 7 &#8211; 13"},"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 August 7-13.<\/p>\n<p>7-day data shows VRE market cap for the 10 projects on OneLand up marginally (+0.17%) to 663,914 ETH (or +0.79% to $1.221 billion).<\/p>\n<p>It represents the first aggregate land cap rise in 3 months, albeit the price of ETH rose more (+0.66%) to end the week at $1,839.32.<\/p>\n<figure id=\"attachment_59294\" aria-describedby=\"caption-attachment-59294\" style=\"width: 673px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-59294\" class=\"wp-caption-text\"><noscript><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-59294 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-August-7-13-2-300x139.png\" alt=\"OneLand Metaverse Market Analysis August 7 - 13\" width=\"673\" height=\"312\"  ><\/noscript> Meta Rankings \u2013 VRE Market Cap (7D)<\/figcaption><\/figure>\n<p>This week saw recovering trade volume for the Otherside (+50.6%), kicking off with a highest sale in 2 months of 19.5 ETH, and culminating in a 19.55 ETH purchase on Sunday that saw OneLand\u2019s Metaverse Heat Index reach the fiery heights of 91.4.<\/p>\n<figure id=\"attachment_59295\" aria-describedby=\"caption-attachment-59295\" style=\"width: 689px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-59295 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-August-7-13-3-300x132.png\" alt=\"OneLand Metaverse Market Analysis August 7 - 13\" width=\"689\" height=\"303\"><figcaption id=\"caption-attachment-59295\" class=\"wp-caption-text\"><noscript><img decoding=\"async\" class=\"wp-image-59295 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-August-7-13-3-300x132.png\" alt=\"OneLand Metaverse Market Analysis August 7 - 13\" width=\"689\" height=\"303\"  ><\/noscript> Trade Plots \u2013 Otherside (7D)<\/figcaption><\/figure>\n<p>Nevertheless, given the market conditions (MoM falling land prices) the weekly pickup in trading did little to stem the tide of a deteriorating land cap, down for a 9th straight week, while the number of sales (-49.6%) was also down.<\/p>\n<figure id=\"attachment_59296\" aria-describedby=\"caption-attachment-59296\" style=\"width: 703px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-59296 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-August-7-13-4-300x77.png\" alt=\"OneLand Metaverse Market Analysis August 7 - 13\" width=\"703\" height=\"180\"><figcaption id=\"caption-attachment-59296\" class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-59296 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-August-7-13-4-300x77.png\" alt=\"OneLand Metaverse Market Analysis August 7 - 13\" width=\"703\" height=\"180\"  ><\/noscript> Metaverse Heat Index (7D)<\/figcaption><\/figure>\n<p>This, plus a 7-day comeback in trading action (+51.5%) at The Sandbox (as a Premium LAND sold for 12.55 ETH, a top sale in 5 months) saw aggregate trading volume for the 10 projects rise by 38% for the week. Besides, 7-day trade volume of all NFTs also picked up some slack, +26.3%.<\/p>\n<figure id=\"attachment_59297\" aria-describedby=\"caption-attachment-59297\" style=\"width: 695px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-59297 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-August-7-13-5-300x137.png\" alt=\"OneLand Metaverse Market Analysis August 7 - 13\" width=\"695\" height=\"317\"><figcaption id=\"caption-attachment-59297\" class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-59297 lazyload\" src=\"https:\/\/nftandcrypto-news.com\/wp-content\/uploads\/2023\/08\/OneLand-Metaverse-Market-Analysis-August-7-13-5-300x137.png\" alt=\"OneLand Metaverse Market Analysis August 7 - 13\" width=\"695\" height=\"317\"  ><\/noscript> Meta Rankings \u2013 VRE Trading Volume (7D)<\/figcaption><\/figure>\n<p>Over at BYOPills, and two BYOLand sales of 0.45 and 0.5 ETH kicked off a week that showed glimpses of recovery, following a rather lackluster month, with all major metrics in the green, incl. BYOLands cap which rose for its first time in 2 months.<\/p>\n<p>Meanwhile, Somnium Space experienced a comedown last week after a bustling previous 7 days of hype surrounding its v3 release, recording just 4 parcel sales and an overall trading volume of just 2.34 ETH.<\/p>\n<p>\u2014<\/p>\n<p><em>Check here for more info &amp; instructions on how to <strong>Stake Your Sandbox LAND &amp;\/or $SAND with OneLand<\/strong> (it\u2019s simple!).<\/em><\/p>\n<p><em>For explanations of our data calculations, check\u00a0docs.oneland.world\/. For metaverse market and project data, check\u00a0oneland.world.<\/em><\/p>\n<p>\u2014<\/p>\n<p><em>OneLand<\/em><em> is a 1-stop MetaHub\u200a\u2014\u200aproviding Metaverse data &amp; analytics, 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.<\/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 August 7-13. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21150,"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-21149","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: August 7 - 13 | 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-august-7-13\/\" \/>\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: August 7 - 13 | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Welcome to Metaverse Market Analysis! 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