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OSTKO Became the Most Traded Security Token

Dawn Wu

Summary: Per data from Security Token Cap, OSTKO of Overstock has replaced tZERO’s TZROP and ranks first as the most-traded security token.

Per data from Security Token Cap, OSTKO of Overstock has replaced tZERO’s TZROP and ranks first as the most-traded security token.

The 24-hour trading volume of OSTKO (when the data was last updated on June 5) reached $19,738, which more than two-folded the volume of tZERO’s $8450. According to Bitpush.news, Overstock airdropped 4.37 million security tokens to shareholders on May 21.

However, Cointelegraph reports the price of OSTKO sharply dropped from $14 to $10 and bounced back to about $13. Meanwhile, TZROP rose from $1.05 to $1.42 and now trades at $1.23. Since tZERO is also subsidiary to Overstock, the Internet company occupied 95% of May’s total security token trade volume with OSTKO and TZROP.

By Dawn Wu

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