Top 5 Cryptocurrency Apps in Africa Q1 2024

The first quarter of 2024 saw significant activity across the leading cryptocurrency apps in Africa. Here’s a detailed look at the performance of the top five apps: Cryptomania —Trading Simulator, Binance: Buy Bitcoin & Crypto, Ice Open Network, Trust: Crypto & Bitcoin Wallet, and Kelp. The data comes from Sensor Tower, providing more in-depth insights.

Cryptomania —Trading Simulator from Edusystems OU experienced notable growth in weekly revenue, starting at $60 in early January and peaking at $332 by the end of March. Weekly downloads fluctuated, starting at 206K and ending at 151K, with a mid-quarter low of 111K. Weekly active users saw a decline from 492K to 434K in early March, before rising to 456K, and then settling at 434K by the end of the quarter.

Binance: Buy Bitcoin & Crypto maintained a consistent performance in downloads, ranging from 79K to 122K, with a peak in mid-February. The app also saw a steady increase in weekly active users, starting at 1.07M and reaching 1.28M by the end of February, before a slight decline to 1.15M in late March.

Ice Open Network faced a significant drop in weekly downloads, starting strong at 71K and peaking at 481K in mid-January, but falling to 5K by the end of March. Weekly active users also saw a decline, with numbers dropping from 115K to 118K over the quarter.

Trust: Crypto & Bitcoin Wallet by DApps Platform, Inc. showed a stable increase in weekly downloads, growing from 59K to 75K by the end of March. The app also observed an increase in weekly active users, starting at 656K and reaching a peak of 842K in late February, before slightly reducing to 768K by the end of the quarter.

Kelp saw impressive growth in weekly downloads, starting at 1.5K in early January and peaking at 204K by mid-March before ending the quarter at 51K. Weekly active users followed a similar trend, increasing from 3.9K to 182K by mid-March and then declining to 130K.

For more detailed insights and data, visit Sensor Tower.