Welcome to Metaverse Market Evaluation! Each Monday we deliver you the most recent stats and knowledge on the general state of the Metaverse market. This column is in partnership with the unimaginable staff from OneLand, a monetary platform for digital lands within the Metaverse. This week brings the OneLand Metaverse Market Evaluation stats for Might 22 – 28, 2023.
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OneLand 7-day knowledge exhibits mixture land market caps for the ten listed tasks down 0.44% to 772,997 ETH, or $1.475 billion (+5.3%), the divergence in ETH and USD phrases a consequence of $ETH ending the week up 5.8%. In the meantime, metaverse tokens $SAND (+13.7%) and $CUBE (+13.9%) additionally loved a rally.
Venture land caps have been for probably the most half secure, with the notable exceptions of The Sandbox (which loved its second consecutive weekly increase, +4.86%) and Decentraland (which suffered its fourth consecutive weekly drop, -5.7%).
Land caps of The Sandbox and Decentraland are as soon as once more on par, with one other flippening on the playing cards inside days if the development continues. The typical value of a plot of land can also be converging, supported by a number of high-priced gross sales in The Sandbox in latest weeks.
In the meantime, BYOPills and Treeverse loved dramatic booms in buying and selling exercise, with volumes hovering 642% and 416% respectively, whereas 7-day gross sales counts for all different tasks (apart from Decentraland) ending the week down.
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For explanations of our knowledge calculations, examine docs.oneland.world/. For complete metaverse market and undertaking knowledge, examine oneland.world.
OneLand is a 1-stop MetaHub — offering Metaverse knowledge & analytics, Land NFT market, LandFi instruments and Metaverse MediaHub. Our mission is to make it simple to find, entry, keep tuned to, analysis and put money into the metaverse tasks you’re keen on most.
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