Top 5 Cryptocurrency Apps Performance in Nigeria - Q1 2024

In Q1 2024, the performance of the top 5 cryptocurrency apps in Nigeria showcased varied trends in downloads, active users, and revenue, based on data from Sensor Tower.

Ice Open Network experienced a significant surge in weekly downloads, peaking at around 440.9K in mid-January. However, this number gradually declined to approximately 4.3K by the end of March. Active users followed a similar pattern, starting at 97.5K in early January and reaching a peak of 342.6K mid-January, before settling at 101.4K by the end of the quarter.

Trust: Crypto & Bitcoin Wallet had a steady increase in weekly downloads, starting from 44.6K in early January and reaching a peak of 69.8K in mid-March. Active users consistently grew from 346.3K to a high of 523.7K in early March, finishing the quarter at 449.7K.

Cryptomania —Trading Simulator showed a stable trend in weekly downloads, with a notable rise to 78.4K in mid-March. Active users also increased from 119.8K in early January to a peak of 170.1K by mid-March. Revenue saw a gradual increase, peaking at $191 in mid-March and ending the quarter at $168.

Sidra Chain launched in January, saw a massive spike in downloads to around 251.4K in mid-February, before stabilizing to 20.9K by the end of March. Active users followed a similar trajectory, peaking at 305.1K in mid-February and ending the quarter at 226.7K.

Binance: Buy Bitcoin & Crypto had a consistent performance with weekly downloads fluctuating between 28.1K and 64.2K. Active users remained robust, starting at 502.5K and peaking at 669K by the end of February, before slightly decreasing to 561.2K by the end of March.

For more detailed insights and data, visit Sensor Tower.