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Welcome to Metaverse Market Evaluation! Each Monday we carry you the newest stats and knowledge 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 July 3 – 9, 2023.
Stake your TheSandbox LAND & earn 3.94%* APY. Stake your $SAND & earn 11.83%* APY (*7.10.2023)
OneLand 7-day knowledge exhibits complete land cap for the ten tasks listed down 1.13% to 696,406 ETH ($1.297bn, -4.93%). ETH slumped 3.85%. It mirrored the general state of NFTs, -4.3% in total USD market cap.
As standard, Otherside – with its mass dominance over gross sales and buying and selling volumes – was the prime suspect (-2.15%). This week the whole land cap of all Otherdeeds hit its lowest ever, ending the week down 37% from launch.
In the meantime, a flurry of gross sales in current months at The Sandbox has not been making any constructive influence on its total LANDs cap, now on a sixth straight week of decline (-1.68%) forward of its Infinite Pulse LAND sale.
Alternatively, land caps stay comparatively secure throughout Treeverse, Somnium Area and Worldwide Webb, whereas that of TOPIA Worlds Worlds hit its highest (+2.54% to 16,348 ETH) since its migration over from former challenge NFT Worlds.
Spotlight: Treeverse
It was a second consecutive week of rising buying and selling exercise at Treeverse, with gross sales of plots bumping one other 10.45% (30D gross sales +111%). Nonetheless, this metric got here on the expense of costs dropping and a lowest weekly prime sale since mid-Might.
Nonetheless, if gross sales numbers and buying and selling exercise are any indication, indicators are momentum might be constructing at Treeverse. The final 30D have witnessed distinctive holder numbers on an upward trajectory for the primary time in a 12 months, whereas even holding focus exhibits a extra even unfold.
For explanations of our knowledge calculations, verify docs.oneland.world/. For metaverse market and challenge knowledge, verify oneland.world.
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OneLand is a MetaHub, offering Metaverse knowledge & 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’re keen on most.
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