OneLand Metaverse Market Evaluation: Might 1-7

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Welcome to Metaverse Market Evaluation! Each Monday we carry you the newest stats and information on the general state of the Metaverse market. This column is in partnership with the unbelievable staff from OneLand, a monetary platform for digital lands within the Metaverse. This week brings the OneLand Metaverse Market Evaluation stats for Might 1 – 7, 2023.

OneLand Metaverse Market Analysis May 1-7
Meta Rankings — Market Cap (7D)

OneLand 7-day information exhibits mixture land market caps for the ten listed metaverse initiatives down 2.33% to 793,750 ETH, or $1.49b (-1.84%). $ETH ended the week down simply 0.42% to $1,872.48, whereas metaverse tokens together with $SAND (-5.17%) and $MANA (-7.27%) suffered larger losses.

OneLand Metaverse Market Analysis May 1-7
Prime Weekly Performer by Common Worth / Metaverse Warmth Index (7D)

Gross sales counts and buying and selling quantity had been down for many metaverse initiatives this week, main exceptions being The Sandbox (+139.5%) and Decentraland (+19.7%). Buying and selling at BYOPillsSomnium House (-100%), Voxels (-36%) and Worldwide Webb (-51%) had been all down considerably over the previous 7 days, and significantly because the begin of April. It mirrored world NFT gross sales, which tumbled one other 12%, now down by greater than 50% over the previous month.

The Sandbox picked up its high sale in over a yr simply days forward of the official kick-off of its MegaCity3 LAND sale. LAND #82768 handed palms for 300k $USDC, simply over 160 ETH, on Apr 6, rising its 7-day common value (+133%) and quantity (+140%), however not its complete land cap which fell 3.2% on the again of a number of less expensive gross sales.

OneLand Metaverse Market Analysis May 1-7
Low cost gross sales introduced down The Sandbox LAND cap, no matter its high sale in 13 months.

Otherside additionally picked up a giant sale, with 200 ETH for an Otherdeed the highest sale in 6 weeks.

***

For explanations of our information calculations, verify docs.oneland.world/. For complete metaverse market and venture information, verify oneland.world.

OneLand is a 1-stop MetaHub — offering Metaverse market information & analytics, a Land NFT market, LandFi instruments and Metaverse MediaHub. Our mission is to make it straightforward to find, entry, keep tuned to, analysis and put money into the metaverse initiatives you like most.

https://oneland.world

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*All funding/monetary opinions expressed by NFT Plazas are from the private analysis and expertise of our website moderators and are supposed as academic materials solely. People are required to completely analysis any product prior to creating any sort of funding.



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