OneLand Metaverse Market Analysis: September 11

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 was created in collaboration with the incredible team at OneLand, a financial platform for virtual countries in the Metaverse. This week the OneLand Metaverse Market Analysis statistics for September 11 – 17 are available.

Stake your TheSandbox LAND and earn 2.14%* APY. Stake your $SAND and earn 6.66%* APY (*09/18/2023)

OneLand’s seven-day data shows that land capitalization for 10 projects fell 1.75% to 688,309 ETH (or -1.37% to $1.117 billion). $ETH rose minimally, up 0.39% to $1,623.08.

Meanwhile, 7D volume rose 30.44% (in USD, +29.02%), while Otherside fell further, crashing below 100 ETH for the first time! The Sandbox (76.88) and HYTOPIA (74.12 ETH) were hardly far behind.

OneLand Metaverse market analysis September 11 – 17 — Meta Rankings – Trading Volume (7D)

Kicking off this week’s findings at BYOPills – and last week’s data witnessed frenzied land sales. It’s not all clear, but the project’s Discord chatroom started buzzing on Tuesday with conversations about BYORacer’s expected launch, and on Thursday a tweet from founder DrEtherJay included a video showing off the Racer in-device in what was the first tweet of BYOPills was since August 24th.

The result for BYOLands: sales soared on Tuesday and skyrocketed on Sunday. 7D turnover was 146 (+1,026%) and volume rose 1,384% to 8.79 ETH, the highest daily volume since almost the same time last year.

On the back of WorldwideWebb rolling out Rugbuster Rumblez to the gaming community in three installments in as many weeks, 7D land sales rose nearly 77% to 46, with volume returning to the highs of two weeks ago (+386%). until 14.11 ETH).

Penthouse #9024 moved wallets twice on Thursday, first for 4.09 ETH and then for 4.68 ETH, in the space of a few hours, while the same apartment happened a fortnight ago (for 4.79 and 3.86 ETH).

At HYTOPIA, the project teased pre-registrations and then started pre-registrations on Saturday, in what seems like a cleverly timed culmination of recent announcements about the game incl. its new blockchain.

What followed was over 160,000 signups in just 36 hours, accompanied by higher 7D country stats all-round incl. turnover (+40.9%), trading volume (+53.65%) and a top sale in 3 months (at 9.0 ETH ). Meanwhile, the land market capitalization rose by another 7.28%.

The native token $TOPIA also saw renewed inflation, up 19.17% for the week, after the team warned of an actual burn of the previous token $WRLD, followed shortly afterwards.

At Decentraland, the native token $MANA had its first 7D price increase (albeit only +3.57%) in 10 weeks, while LANDs had a second week of cheap selling (average price 0.75 ETH) and low trading volume (-35 .15%).

But at Arcade it was the second week in a row of huge sales (albeit combined with the lowest 7D prices in a long time) – down 16.67% from last week’s 36, with both days seeing the highest daily sales registered since early July.

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For an explanation of our data calculations, visit docs.oneland.world/. For metaverse market and project data, visit oneland.world.

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