{"id":88765,"date":"2020-10-14T09:00:26","date_gmt":"2020-10-14T06:00:26","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/security-token-trading-volume-crashed-by-60-in-september\/"},"modified":"2020-10-14T09:00:26","modified_gmt":"2020-10-14T06:00:26","slug":"security-token-trading-volume-crashed-by-60-in-september","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/security-token-trading-volume-crashed-by-60-in-september\/","title":{"rendered":"# Security token trading volume crashed by 60% in September"},"content":{"rendered":"

“# Security token trading volume crashed by 60% in September <\/strong>”<\/p>\n

Following four months of spectacular growth, security token trade volumes have crashed by nearly 60%.<\/p>\n

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\u2019s reports<\/a>.<\/p>\n

That big run up means that despite the massive slump in trade activity, September<\/a> was still the second-strongest month on record for security tokens with more than $9.15 million in combined trade. <\/p>\n

tZERO\u2019s TZROP token, which represents equity in the alternative trading system, comprised more than half of the total trade, with $5.3 million in volume, down from August\u2019s $11.8 million. <\/p>\n

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<\/a>, making it the 80th-ranked crypto asset according to CoinMarketCap<\/p>\n

Overstock\u2019s 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, ranking it as the 50th-ranked crypto asset overall.<\/p>\n

Top 5 security tokens by market cap: STOMarket<\/a><\/figcaption><\/figure>\n

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.<\/p>\n

MERJ\u2019s 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\u2019 OST1 token representing fractionalized ownership in a Brooklyn apartment building; and Minervest\u2019s MSTV-S token. <\/p>\n

The three tokens represent nearly $24 million in assets, however, none of the tokens changed hands during September.<\/p>\n<\/div>\n

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For forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n

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If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“# Security token trading volume crashed by 60% in 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…<\/p>\n","protected":false},"author":1,"featured_media":88766,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.eu-central-1.amazonaws.com\/s3.cointelegraph.com\/uploads\/2020-10\/59c8f989-9aa9-409b-b982-0b7483bc095f.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75697,74892,117],"class_list":["post-88765","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-overstock","tag-tokens","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/88765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=88765"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/88765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/88766"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=88765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=88765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=88765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}