NFT REVIEW NEWS OneLand Metaverse Market Analysis: May 8-14

Welcome to Metaverse Market Analysis! Every Monday we bring you the latest stats and data on the overall state of the Metaverse market. This column is in partnership with the incredible team from OneLand, a financial platform for virtual lands in the Metaverse. This week brings the OneLand Metaverse Market Analysis stats for May 8 – 14, 2023.

With OneLand, earn 3.78%* APY staking your Sandbox LAND. With OneLand, earn 11.8%* APY staking your $SAND. (*5.15.2023). Stake with us.

OneLand Metaverse Market Analysis May 8-14
Meta Rankings — Market Cap (7D)

OneLand 7-day data shows land market cap for the 10 listed projects up 1.86% to 774,717 ETH (or $1.394 billion, -2.44%). ETH fell 3.85% to $1,800.37.

7-day VRE trading volumes were down across the board last week, the main exception being TOPIA whose volume rose 140% only on account of a resumption in trading that followed its migration from NFT Worlds that concluded May 5.

OneLand Metaverse Market Analysis May 8-14
Top Weekly Performer by Average Price / Metaverse Heat Index (7D)

Prices dipped too, bar the exceptions of BYOLands and TOPIA Worlds. Otherside, meanwhile, picked up a second big sale in consecutive weeks, with Otherdeed #85720 passing hands for 170 ETH.

Metaverse tokens $SAND (-9.1%), $MANA (-9.8%) and $WRLD (-14.2%) fell for a 5th straight week in line with the larger 7-day slide in the crypto market.

Meanwhile, over at The Sandbox, the Mega City 3 Land Sale kicked off May 11, leading to a flurry of sales. May 11 went on to register the project’s highest daily sales count (193) in 8 months, and highest 7-day count for the year. Overall, weekly sales almost doubled (+97%) those of the previous week.

OneLand Metaverse Market Analysis May 8-14
The Mega City 3 LAND Sale that kicked off May 11 led to a flurry of sales at The Sandbox.

For explanations of our data calculations, check For comprehensive metaverse market and project data, check

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.

Connect with us on Twitter

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*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.

Source link

If this article, video or photo intrigues any copyright, please indicate it to the author’s email or in the comment box.

What do you think?

22 NFT Points
Upvote Downvote


I am the curator of the NFT Review Market News. If the document or content infringes any copyright, please point it out in comments and it will be promptly removed. To all the articles we include the link of the Resource that appears as Source Link If this article, video or photo intrigues any copyright, please indicate it to the author's email or in the comment box.

NFT REVIEW Larva Labs: The Pioneers of NFTs

NFT REVIEW NEWS Shira Lazar and Deepak Chopra Launch NFT Collection with Focus on Mental Health