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AI Insights · Timothy · April 2024

Top 5 Cryptocurrency Apps in Kenya Q1 2024 Performance

Explore the performance trends of the top 5 cryptocurrency apps in Kenya during Q1 2024, including downloads, revenue, and active users.

Top 5 Cryptocurrency Apps in Kenya Q1 2024 Performance

In the first quarter of 2024, the top 5 cryptocurrency apps in Kenya showed varied performance trends based on data from Sensor Tower. Let's dive into the specifics of each app's performance in terms of weekly downloads and active users.

Kelp from Kelp Finance saw a remarkable rise in weekly downloads, peaking at over 60K in the week of March 11. This surge was reflected in its active users, which grew from 106 at the start of the quarter to a peak of 66K by the week of March 18.

World App - Worldcoin Wallet experienced a steady stream of downloads, with a notable increase in the week of March 25, reaching 25.9K downloads. Active users also showed a positive trend, climbing from around 47.2K at the beginning of January to nearly 68.9K by the end of March.

Cryptomania —Trading Simulator from Edusystems OU maintained a consistent download rate, peaking at approximately 13.9K in the week of March 11. Active users remained stable throughout the quarter, fluctuating between 22K and 31.4K.

Binance: Buy Bitcoin & Crypto from Binance Inc. showed steady weekly downloads, with numbers peaking at around 10.4K in late February. The app's active users remained consistently high, averaging around 220K to 230K throughout the quarter.

Ice Open Network from Ice Labs started strong with a peak of 20.9K downloads in mid-January. However, downloads tapered off towards the end of the quarter. Active user numbers followed a similar trend, reaching a peak of 21.9K in mid-January before stabilizing around 9K to 10K.

These insights provide a snapshot of the cryptocurrency app landscape in Kenya for Q1 2024. For more in-depth analysis and data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024