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!
It's rather absurd to make such judgements just because of a one time position on the ranks. There's no way possible trading would become more popular than social media, at least not yet. You'd need to understand that only a smal percentage of world's population are into trading while over half the world's population have one or two social media accounts.
What caused that is just because of the recent surge in the price of bitcoin and other crypto. They are only downloading those trading apps because of FOMO. I tell you, there's nothing more