OneLand Metaverse Market Analysis: May 15-21

Welcome to Metaverse Market Evaluation! Each Monday we carry you the most recent 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 Could 15 – 21, 2023.

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OneLand 7-day information exhibits land market cap for the ten listed metaverse initiatives secure, up 0.22% to 776,406 ETH (or $1.401bn, +0.54%).

Land caps of a number of initiatives – most notably Decentraland (-6.1%), but in addition Worldwide Webb, Voxels, BYOPills, Treeverse and Arcade – look like on a downward pattern for the reason that begin of April. However The Sandbox LANDs market cap elevated this week, up 5.2% on the again of a pair 50 ETH+ gross sales, and is nearest to the market cap of Decentraland since flipping it in July-Aug.

Metaverse tokens have been again in constructive territory this week, each $SAND (+2.0%) & $MANA (+4.35%) having fun with their first 7-day will increase in over a month.

Some are stipulating the excitement surrounding the upcoming launch of Apple’s mixed-reality headset is the trigger (see Market Information, beneath). Certainly, it could have led to some traction returning to VR metaverse Somnium House, which loved 5 gross sales this week, spectacular while you notice there was just one different sale in the entire of Could.

In the meantime, Otherside claimed its third 100 ETH+ sale in consecutive weeks.

Be a part of us in our Discord Tuesday 4am UTC to view a demo & learn to stake your #Sandbox #LANDs & $SAND to earn the most effective APY.

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

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