The NFT space continues to be impacted and feeling the heat even more. Coming into the third week of August, the global sales volume for NFT is around $639 million. With that, this could be the third consecutive month that NFT sales fall below the $1 billion mark.
The market is not all bad. According to Cryptoslam's statistics, the leading collection is Bored Ape Yacht Club (BAYC), with sales of $2.5 million. Amid this downturn, BAYC managed to sell their "golden ape" at 777 (CRYPTO: ETH) or around $1.5 million. Despite the high price, this golden ape (CRYPTO: APE) has ranked only 320th in rarity according to the website Rarity Tools.
