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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 group from OneLand, a monetary platform for digital lands within the Metaverse. This week brings the OneLand Metaverse Market Evaluation stats for August 7-13.
7-day information exhibits VRE market cap for the ten tasks on OneLand up marginally (+0.17%) to 663,914 ETH (or +0.79% to $1.221 billion).
It represents the primary combination land cap rise in 3 months, albeit the worth of ETH rose extra (+0.66%) to finish the week at $1,839.32.
![OneLand Metaverse Market Analysis August 7 - 13](https://nftplazas.com/wp-content/uploads/2023/08/OneLand-Metaverse-Market-Analysis-August-7-13-2-300x139.png)
This week noticed recovering commerce quantity for the Otherside (+50.6%), kicking off with a highest sale in 2 months of 19.5 ETH, and culminating in a 19.55 ETH buy on Sunday that noticed OneLand’s Metaverse Warmth Index attain the fiery heights of 91.4.
![OneLand Metaverse Market Analysis August 7 - 13](https://nftplazas.com/wp-content/uploads/2023/08/OneLand-Metaverse-Market-Analysis-August-7-13-3-300x132.png)
However, given the market circumstances (MoM falling land costs) the weekly pickup in buying and selling did little to stem the tide of a deteriorating land cap, down for a ninth straight week, whereas the variety of gross sales (-49.6%) was additionally down.
![OneLand Metaverse Market Analysis August 7 - 13](https://nftplazas.com/wp-content/uploads/2023/08/OneLand-Metaverse-Market-Analysis-August-7-13-4-300x77.png)
This, plus a 7-day comeback in buying and selling motion (+51.5%) at The Sandbox (as a Premium LAND offered for 12.55 ETH, a high sale in 5 months) noticed combination buying and selling quantity for the ten tasks rise by 38% for the week. Moreover, 7-day commerce quantity of all NFTs additionally picked up some slack, +26.3%.
![OneLand Metaverse Market Analysis August 7 - 13](https://nftplazas.com/wp-content/uploads/2023/08/OneLand-Metaverse-Market-Analysis-August-7-13-5-300x137.png)
Over at BYOPills, and two BYOLand gross sales of 0.45 and 0.5 ETH kicked off every week that confirmed glimpses of restoration, following a moderately lackluster month, with all main metrics within the inexperienced, incl. BYOLands cap which rose for its first time in 2 months.
In the meantime, Somnium Area skilled a comedown final week after a bustling earlier 7 days of hype surrounding its v3 launch, recording simply 4 parcel gross sales and an general buying and selling quantity of simply 2.34 ETH.
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Verify right here for more information & directions on easy methods to Stake Your Sandbox LAND &/or $SAND with OneLand (it’s easy!).
For explanations of our information calculations, examine docs.oneland.world/. For metaverse market and undertaking information, examine oneland.world.
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OneLand is a 1-stop MetaHub — offering Metaverse information & analytics, Land NFT market, LandFi instruments and Metaverse MediaHub. Our mission is to make it simple to find, entry, keep tuned to, analysis and put money into the metaverse tasks you like most.
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*All funding/monetary opinions expressed by NFT Plazas are from the non-public 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 form of funding.
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Monetary platform for digital lands within the metaverse.
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