Security token trading volume crashed by 60% in September
Two dozen security tokens drove $9.15 million in trade during September. Following four months of spectacular growth, security token trade volumes have crashed by nearly 60%.
From May through August, monthly volume gains for the sector ranged between 113% and 280%, posting record highs that increased from $998,000 to nearly $22 million, according to Security Token Group’s reports.
The big run-up means that despite the massive slump in trade activity, September was still the second-strongest month on record for security tokens, with more than $9.15 million in combined trade volume.
tZERO’s TZROP token, which represents equity in the alternative trading system, comprised more than half of total trade volume, at $5.3 million, down from August’s $11.8 million. TZROP declined just 2% in price over the month, from $7.26 to $7.10; however, it traded within a range between $6 and $7.90. TZROP is the second-most popular security token, with a market cap of $128 million, making it the 80th-ranked crypto asset according to CoinMarketCap
Overstock’s OSTKO digital security, which represents equity and voting rights in the company, drove $3.6 million in volume, down from $9.6 million last month. OSTKO also closed the month fairly flat at 1.5% down, despite producing a wide trading range between $48 and $65. OSTKO is the largest security token with a $321 million capitalization, making it as the 50th-ranked crypto asset overall.
The combined market capitalization of security tokens increased by nearly 4% to $528.6 million during September, owing to the addition of three tokens trading on the Seychelles-based MERJ Exchange.
MERJ’s tokens include its own native security token, MERJ-S, which was issued in a token sale that raised more than $450,000 last month; Uprets’ OST1 token representing fractionalized ownership in a Brooklyn apartment building; and Minervest’s MSTV-S token.
The three tokens represent nearly $24 million in assets, although none of them changed hands during September.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 59.6% | 82 | $29 061.38 | -3.12% | 8.51% | $553 437 248 437 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 60.4% | 82 | $1 945.79 | -4.82% | 7.60% | $235 121 509 369 |  |
|
| 3 |  USDT |
Tether predictions | 94.8% | 1 | $0.998827 | -0.02% | 1.30% | $74 126 138 317 |  |
|
| 4 |  USDC |
USD Coin predictions | 92.4% | 1 | $1.000289 | 0.01% | -0.07% | $52 357 980 078 |  |
|
| 5 |  BNB |
Binance Coin predictions | 58.4% | 83 | $295.81 | -1.43% | 29.99% | $48 299 672 655 |  |
|
| 6 |  XRP |
XRP predictions | 68% | 71 | $0.402156 | -6.01% | 13.86% | $19 441 465 904 |  |
|
| 7 |  BUSD |
Binance USD predictions | 92.4% | 1 | $1.001637 | 0.15% | -0.51% | $18 442 645 566 |  |
|
| 8 |  ADA |
Cardano predictions | 60% | 79 | $0.507175 | -10.38% | 24.64% | $17 118 441 820 |  |
|
| 9 |  SOL |
Solana predictions | 59.2% | 84 | $50.46 | -9.61% | 21.41% | $17 028 947 492 |  |
|
| 10 |  DOGE |
Dogecoin predictions | 58.4% | 87 | $0.084029 | -5.92% | 15.94% | $11 148 185 698 |  |
|
| 11 |  DOT |
Polkadot predictions | 65.2% | 78 | $9.56 | -9.71% | 24.98% | $9 442 068 849 |  |
|
| 12 |  WBTC |
Wrapped Bitcoin predictions | 63.6% | 82 | $29 050.66 | -2.98% | 8.69% | $8 132 816 754 |  |
|
| 13 |  AVAX |
Avalanche predictions | 61.2% | 82 | $28.87 | -14.48% | 10.65% | $7 769 271 253 |  |
|
| 14 |  TRX |
TRON predictions | 69.2% | 55 | $0.071382 | -0.71% | -2.34% | $6 964 115 705 |  |
|
| 15 |  DAI |
Dai predictions | 91.2% | 1 | $1.000090 | 0% | 0.05% | $6 501 036 897 |  |
