OneLand Metaverse Market Analysis: September 25 - October 1

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 25 – October 1 are available.

Stake your TheSandbox LAND and earn 2.79%* APY. Stake your $SAND and earn 7.48%* APY (*10.2.2023)

OneLand 7D data shows that the total land capitalization for the ten projects mentioned fell by 0.67% to 656,191.85 ETH. But in USD terms, the country capitalization rose 8.92% to $1.137 billion thanks to a 5.71% cryptocurrency rally, sending $ETH up 9.63% to $1,733.

OneLand Metaverse market analysis September 25 - October 1 — Meta Rankings — Market Cap (7D)

Looking closer, Otherside hits Otherdeeds’ lowest land cap yet (-0.95% to 323,161 ETH).

Ironically, this happened the same week. Otherside enjoyed the highest volume in a full three months (+102.5% to 265.95 ETH). This – while average land prices fell to a low 0.75 ETH (but at least APEcoin rose 15.66% for the first 7D increase in two months).

In contrast, the average price at HYTOPIA almost reached a whopping 3 ETH per plot last week, as the land capitalization continues to rise.

It’s an interesting comparison (see the Land Price Trend chart below), which warrants further comparative analysis of the two projects.

The Sandbox once again saw land sales triggering trading, but at the expense/supported by lower prices (average price -43.5% to 0.252 ETH). Higher sales (+455%) and volume (+214.3%) could not save the falling LAND limit (-0.77% to 116,118 ETH).

7D trading volume also increased at Decentraland (+617.4%) – 6 Estates exchange wallets, incl. one for 7.47 ETH – in the week they announced their upcoming Metaverse Music Festival 2023.

At Worldwide Webb, 7D sales recovered from a down week and, with Penthouse 9054 moving wallets at 4.53 ETH, 7D volume increased by 1,014%.

While BYOPills – and BYOLand saw prices rise 92.8% to 0.112 ETH last week, excitement for this week’s BYORacer launch is building.

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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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OneLand is a one-stop MetaHub – offering Metaverse data and analytics, Land NFT marketplace, LandFi tools, and Metaverse MediaHub. Our mission is to make it easy to discover, access, stay informed, research, and invest in the metaverse projects you love most.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational materials only. Individuals are required to fully research any product before making any form of investment.

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