OneLand Metaverse Market Analysis: Nov 20

On Nov 27, 2023

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 20 – 26.

OneLand 7D data shows aggregate Land market cap for our 10 listed projects down by 1.53% last week to 651,037 ETH (+0.94% to $1.343b).

Meanwhile, $ETH was back in positive territory, +2.51% to $2.062.39.

Meta Rankings – Market Cap (7D)

Prices (+16.4%) of Land plots in up-and-coming MMORPG Treeverse are on the rise.

This week, the nominee for ‘Most Anticipated Game’ in next month’s GAM3 Awards (see Events, below) picked up its top sale in 6 monthds, as its Land cap (+1.61%) continues to climb, up 6% in the past month.

The last few months of data tell a good story at Treeverse

Once again, trades congregated over the weekend, as Sunday recorded the Web3 game’s top daily volume in over 10 months, and 7D volume surged 174% to 43.54 ETH.

Sales (+125.5%) and volume (+99.2%) were also up at The Sandbox last week, after launching its $LAND sale for new district Cinerama.

Yet another land sale at The Sandbox, but with land prices so low, a lot of early buyers will be wringing their teeth

HYTOPIA’s Land cap (-3.26%) fell for its second straight week. But it also recorded another bumper sale, of 12 ETH, with average Land prices (+15.91%) now seemingly settling in the 2-3 ETH range, and floor prices continuing to rise.

Meanwhile, the team needed only to dispel rumors during the week that $TOPIA was not to feature as intended in the initial game design to see it surge 89% to $0.0465.

Other Metaverse tokens also rose – $MANA +1.75%, $SAND +4.45%, while $APE cruised north 18.25%.

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For explanations of our data calculations, check docs.oneland.world/. For Metaverse market and project data, check oneland.world.

OneLand is a 1-stop MetaHub — providing Metaverse data & analytics, LAND NFT marketplace, LANDFi tools and Metaverse MediaHub. Our mission is to make it easy to discover, access, stay tuned to, 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 material only. Individuals are required to fully research any product prior to making any kind of investment.