OneLand Market Analysis: May 29 – June 4

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 29 – June 4, 2023.

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OneLand 7-day data shows overall land caps for the 10 listed projects down 0.45% at 769,517 ETH [$1.464 billion, -0.78%].

For its part, $ETH fell 0.99% for the 7 days to $1,890.42, while metaverse tokens recouped a few more losses for a second week running [$SAND +3.4%, $MANA +4.1%], ahead of Apple’s new mixed-reality headset release set for June 5.

Arcade [+162%] and BYOPills [+68.8%] ranked in the top 2 Price Performers for a second week, while sales counts were down, higher-priced trades likely encouraged by Arcade’s new Builder Editor and BYOPills’ white paper release.

Healthier weekend trading in Otherdeeds pushed OneLand’s 7D Metaverse Heat Index into the red zone [80+] for the first time in a month.

Meanwhile, The Sandbox [-2.8%] and Decentraland [+4.4%] reversed course on land caps, while TOPIA’s [+22.2%] continues to repopulate as migrations continue from the old NFT Worlds contract.

Join us Tue 6 June, 4am UTC to view a demo & find out how to stake your Sandbox LANDs & $SAND to earn the best APY.

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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.

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