Top 5 Cryptocurrency Apps on Android in Nigeria Q1 2024

During the first quarter of 2024, the top 5 cryptocurrency apps on the Android platform in Nigeria showed varied performance in terms of downloads, revenue, and active users. Below is an overview based on the data from Sensor Tower.

Ice Open Network from Ice Labs saw significant fluctuations in weekly downloads. Starting strong with 61K downloads in the first week of January, it peaked at 441K in the week of January 15, but then experienced a sharp decline, ending the quarter with just over 4K downloads. Active users followed a similar pattern, peaking at 343K in mid-January before stabilizing around 101K by the end of March.

Cryptomania —Trading Simulator by Edusystems OU had a steady increase in weekly revenue, starting at $51 and reaching $126 by the end of March. Downloads were consistent, with a notable spike to 78K in mid-March. Active users also saw a significant rise towards the end of the quarter, from 119K in early January to approximately 168K in the last week of March.

Sidra Chain by QatarIT, released in January 2024, experienced an explosive growth in downloads, particularly in mid-February with over 251K downloads. This translated into a substantial increase in active users, peaking at 305K in the week of February 19. The app, however, saw a gradual decline in active users to 227K by the end of the quarter.

Trust: Crypto & Bitcoin Wallet from DApps Platform, Inc. maintained a steady download rate, with a noticeable peak of 61K in mid-March. Active users showed a similar trend, increasing from 329K in early January to nearly 426K by the end of March, indicating a growing user base throughout the quarter.

Kelp by Kelp Finance exhibited a dramatic increase in downloads, especially in mid-March with 133K downloads. Active users mirrored this trend, peaking at 135K in the same period. This sharp rise suggests a growing interest and adoption of the app in Nigeria.

For more detailed insights and data, visit Sensor Tower.