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
Nope that is not true, that only reflects the level of traffic those applications got that day. And I am not surprised since the price of bitcoin and a lot of altcoins are pumping and are very high, so who wouldn’t like to check it out and know what’s going on with the cryptocurrency market, a lot of people are interested in it. But that doesn’t mean that they have become more popular than social media apps, most of these social apps comes pre-installed in your phone, so what makes trading apps would be more popular? But it’s good that there are lots of people recognizing the trading and crypto apps.