Welcome to Metaverse Market Analysis! Every Monday, we bring you the latest stats and data on the state of the Metaverse market. In partnership with the incredible team from OneLand, a financial platform for virtual LANDs in the Metaverse, this column brings the OneLand Metaverse Market Analysis stats for Nov 6 – 12.
ETH surged 8% in 7D to roar past $2,000 for the first time since its brief stay there in April. At the same time, total NFT cap rose 24.5% to $6.8 billion, its highest since June, as global NFT volume surged 51.3%.
Worldwide Webb 7D volume (+8.59%) of Apartments surpassed 10+ ETH for the 3rd straight week, with community hype still upbeat in the aftermath of their recent playtest.
At Arcade, trading was back (+624%) after a quiet fortnight, with 0.75 ETH for a land parcel the project’s top sale in 6mths.
At The Sandbox, 230 weekly trades (+389%) was its most in a month but volumes remain relatively low at 65 ETH, equating to an average price of 0.283 ETH.
LAND prices in The Sandbox and Decentraland look stable, but their native tokens $SAND and $MANA have both soared 50% over the past month. Native tokens $SAND, $MANA & $CUBE were all up 16+% for the week, while $TOPIA fell 5.6%.
For explanations of our data calculations, check docs.oneland.world/. For metaverse market and project data, check oneland.world.
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Financial platform for virtual lands in the metaverse.