Metaverse Market Evaluation: October 17-23, 2022

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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 unbelievable staff from OneLand, a monetary platform for digital lands within the Metaverse.

Highlights:

  • Metaverse land caps secure for the week – up 3.52% to $1.283 billion
  • Decentraland and Arcade Land document high gross sales, as ETH worth steadies
  • Agg. buying and selling quantity down 1.63%, holders regular

Market Information & Evaluation

Market Cap

OneLand 7-day information reveals combination land market cap for the 10 Metaverse tasks up 3.52% to roughly $1.283 billion, whereas buying and selling quantity fell 1.63%. There have been no large weekly actions in land caps of Metaverse tasks in per week through which the worth of ETH held comparatively regular, up 4.4%.

Land Sales

The Sandbox’s land cap was regular for the week, up 1% to push previous 190,000 ETH. Weekly common costs proceed to look low-cost at 1.42 ETH, having dipped under 2.0 ETH on the finish of August and never rising above that since. Buying and selling volumes (-28.5%) have additionally been retreating once more since The Sandbox launched its landholder-only staking program a month in the past. (In our upcoming October report, we’ll assess the efficiency of land gross sales over the period of Alpha Season 3 (Aug 24-Nov 4) in comparison with AlphaS1 and S2 (which each ran 4 weeks)).

In the meantime, Decentraland’s common worth jumped 45% to greater than double that at 3.18 ETH in per week which noticed an Property promote for 31.01 ETH. Decentraland’s second annual Metaverse Music Competition (MVMF22) was introduced this week to occur Nov 10-13 and will probably be hoped to resume curiosity within the metaverse’s digital actual property. Gross sales numbers (although down for the week 29%) and volumes (+3.2%) have been creeping upwards over the previous couple months. Distinctive landholders are on the rise, as holding focus loosens at Decentraland, whereas the other appears to be taking place at The Sandbox.

Voxels’ holder numbers had been down for the week, however like Decentraland are additionally up for each the month and 12 months.

In its highest sale in practically three months, a parcel in Arcade Land offered for 11.79 ETH. The sale composed 40% of its weekly buying and selling quantity (+27%) and helped Arcade Land to a second consecutive week of upper land cap, quantity, gross sales and common worth.

Nonetheless, there have been no premium gross sales of BYOLands this week, nor certainly any week over the previous month. However buying and selling exercise had a particular pickup from final week’s lull, gross sales numbers recovering even when common worth fell. BYOLands’ land cap ended the week down 6.4%.

High Gross sales by Metaverse (7D)

Land Tokens

Metaverse Tokens (7D)

Token Prices

For complete market and Metaverse challenge information, discover out extra on oneland.world and comply with for the newest updates on Twitter.

Keep updated with the most popular metaverse information >> Right here

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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 meant as academic materials solely. People are required to completely analysis any product prior to creating any type of funding.



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