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 | 71.6% | 50 | $49 161.99 | -7.54% | -9.53% | $928 742 493 274 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 81.2% | 36 | $4 118.25 | -1.26% | 1.66% | $488 463 723 885 |  |
|
| 3 |  BNB |
Binance Coin predictions | 80.8% | 32 | $562.05 | -4.26% | -3.43% | $93 750 994 329 |  |
|
| 4 |  USDT |
Tether predictions | 94.4% | 1 | $1.001894 | 0.11% | 0.15% | $75 254 604 021 |  |
|
| 5 |  SOL |
Solana predictions | 71.6% | 62 | $194.24 | -5.56% | 4.14% | $59 368 624 845 |  |
|
| 6 |  ADA |
Cardano predictions | 67.2% | 72 | $1.39 | -9.32% | -7.63% | $46 190 331 305 |  |
|
| 7 |  USDC |
USD Coin predictions | 91.2% | 2 | $0.999949 | -0.06% | 0% | $40 047 875 279 |  |
|
| 8 |  XRP |
XRP predictions | 68% | 66 | $0.828762 | -9.19% | -9.91% | $39 156 782 219 |  |
|
| 9 |  DOT |
Polkadot predictions | 63.2% | 76 | $28.61 | -13.10% | -13.97% | $28 252 789 702 |  |
|
| 10 |  LUNA |
Terra predictions | 68% | 62 | $72.37 | 19.28% | 68.00% | $28 042 448 304 |  |
|
| 11 |  DOGE |
Dogecoin predictions | 67.2% | 73 | $0.174742 | -11.62% | -13.40% | $23 133 381 550 |  |
|
| 12 |  AVAX |
Avalanche predictions | 63.2% | 75 | $90.73 | -12.20% | -15.06% | $22 021 633 944 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 65.2% | 76 | $0.000036 | -9.81% | -4.05% | $19 737 758 472 |  |
|
| 14 |  CRO |
Crypto.com Chain predictions | 59.2% | 86 | $0.596873 | -3.33% | -17.58% | $15 078 810 547 |  |
|
| 15 |  BUSD |
Binance USD predictions | 94.8% | 1 | $1.000707 | 0.05% | 0.10% | $13 610 041 795 |  |
