Post
Topic
Board Trading Discussion
Re: Does that mean trading is more popular than social media now?
by
South Park
on 21/04/2021, 20:26:45 UTC
Two trading apps have risen to the top of Apple's App Store in recent days. Robinhood holds the number one position, with Coinbase in second, at the time of publication on Friday. In third: popular social media platform TikTok. YouTube, Instagram and Snapchat hold the fourth, fifth and sixth positions, respectively.

One possible conclusion is that folks are now more interested in swapping crypto and financial assets than they are in interacting on various social media platforms

https://cointelegraph.com/news/trading-apps-usurp-tiktok-in-popularity


Clearly crypto is off with a flying start, and topping the charts will prompt others to check what these apps are all about, meaning sooner or later more people will be jumping on this boat!



Another explanation that makes more sense is that simply social media is reaching a saturation point, even if there is a lot of people out there our number is not infinite and you can only dedicate so many hours to keep in contact with friends and family members, those that do not want to use social media will not do so no matter how attractive you make your platform and when we take into account that many people are still in a bad economic shape then this could be helping to increase the interest that people have in cryptocurrencies.