Mobile Crypto Apps Are Climbing the Charts as Bitcoin Blasts Off
Bitcoin's recent spike to a new all-time high price has lifted the entire market—and mobile crypto apps on iOS and Android are surging too.
Mobile cryptocurrency apps have jumped towards the top of App Store rankings amid a surge for Bitcoin and other crypto prices, resulting in a major increase in the overall market cap for all coins—surpassing $3 trillion earlier this week.
Coinbase leads the charge, jumping from #26 on Election Day to #1 on Friday in the Free Finance category of Apple’s App Store for iOS devices. The ranking boost aligns with significant spikes in trading volume on the exchange, which surpassed more than $12 billion on Nov. 12, marking the highest volume day recorded this year according to data from CoinGecko.
Other major crypto apps like Robinhood and Crypto.com followed in Coinbase’s footsteps, making leaps inside the top 10 in the same category.
Historically, rising crypto prices correlate with an increased popularity of major exchanges and their respective apps, which are more accessible to mainstream retail buyers than decentralized platforms targeted towards crypto experts.
But this time, it’s not just the top crypto brands making their presence known in the App Store rankings. Moonshot, a mobile meme coin trading platform, has jumped 388 spots—from outside the top 400 apps—to #84 in the Free Finance category during the same timeframe.
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With the way crypto is rising in value people are starting to feel lucky enough to try these apps and at least hold whatever they earn till a rise again. I'm looking into more crypto apps to earn from little activities but nothing beats Leo