Welcome to Metaverse Market Evaluation! Each Monday, we deliver you the newest stats and information on the general state of the Metaverse market. This column is in partnership with the unimaginable group from OneLand, a monetary platform for digital LANDs within the Metaverse. This week brings the OneLand Metaverse Market Evaluation stats for Oct 23 – 29.
OneLand 7D data reveals 10-project combination LAND cap secure in ETH, +0.05% for the week to 664,849 ETH.
In USD, nonetheless, LAND caps surged 7.95% to $1.194bn. ETH’s value — up 7.89% to $1,795.59 — set the agenda for Metaverse LANDs, with one other BTC-inspired 7D crypto rally seeing whole crypto capitalization shoot up 11.4%.
HYTOPIA kicked off final week by celebrating a cool injection of $3 million led by Delphi Ventures. It ended it with LAND market cap up 2.76% to twenty,588 ETH, one other 100+ ETH of weekly quantity, and one other bumper high sale of 11.44 ETH.
In the meantime, Otherside noticed a second consecutive 7D rise in LAND cap after pulling in approx. 200 ETH in gross sales for a second week operating, fueled by a 23 ETH Otherdeed commerce, its costliest in 2 months.
It was an thrilling week at Worldwide Webb, with the taking part in neighborhood revved up by its week-long Playa play-test. Gross sales of Residences (+33.3% to 52) boomed to its highest 7D depend in close to 4 months, incl. a wholesome high sale of 4.49 ETH that noticed volumes up 183.67% to 12.32 ETH.
True that LAND cap (+0.13%) and costs hardly budged, however you can not put a value on both hyped vibes or plenty of neighborhood suggestions. Holder numbers (down 8.6% prior to now 12 months) even bucked the pattern, up barely to 4,045.
Moreover, LAND buying and selling was quiet final week at Arcade (quantity -88.8%), BYOPills (-78.7%) and Decentraland (-69.1%).
Even in a busy world like Decentraland, increased costs (than different initiatives, bar Otherside & HYTOPIA) will at all times imply few gross sales in a bear market; this week noticed simply 7, the venture’s LANDs cap falling by greater than 5k ETH to 135,483 ETH. However it could even be that few are keen to promote out of the OG Metaverse – LAND holder numbers maintain rising.
The rally within the cryptocurrency market, in the meantime, noticed Metaverse tokens $MANA (+26.7%), $APE (+22.7%) and $SAND (+16.1%) up for the week.
For explanations of our information calculations, verify docs.oneland.world/. For Metaverse market and venture information, verify oneland.world.
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