AI Insights · Timothy · July 2024
Top 5 Cryptocurrency Apps Performance in Portugal Q2 2024
In Q2 2024, the top cryptocurrency apps in Portugal experienced varied trends in downloads, revenue, and active users. Here is a closer look at the performance of the leading apps on the unified platform.
In Q2 2024, the top cryptocurrency apps in Portugal showcased diverse trends across downloads, revenue, and active users. Below is a detailed analysis of the performance of the leading apps on the unified platform.
Kelp from Kelp Finance Labs Inc. saw a notable surge in downloads during the week of April 22, reaching approximately 19.7K, followed by a peak of 38K in the last week of April. However, downloads fluctuated significantly, dropping to around 277 by the end of June. Weekly active users also mirrored this trend, peaking at 16.8K at the end of April and gradually decreasing to 6K by the end of the quarter.
Binance: Buy Bitcoin & Crypto from Binance Switzerland AG maintained a relatively stable download rate, with figures ranging from 2.5K to 5.8K throughout the quarter. Active users for the app showed a slight decline from 47.6K at the beginning of April to around 36.9K by the end of June.
World App - Worldcoin Wallet by Tools for Humanity Corp. experienced a decrease in downloads, starting at 5.5K in early April and ending at approximately 1.3K in late June. Despite this, the app maintained a strong weekly active user base, fluctuating around 83K to 91K throughout the quarter.
Crypto.com - Buy Bitcoin, ETH from Crypto.com saw a consistent decline in downloads, starting from 3.2K in early April to about 1.1K by the end of June. Active users also showed a downward trend, decreasing from 19K to 13.6K over the same period.
GoMining by Yucca Digital had a varied performance in revenue, starting at $2K in early April, with a notable drop to approximately $474 by the end of the month. However, revenue rebounded slightly to $1.3K by the end of June. Downloads fluctuated similarly, peaking at 5.2K in mid-April and stabilizing around 1.7K by the end of June. Weekly active users showed an upward trend towards the end of the quarter, increasing from 2.2K to 3.2K.
These insights highlight the dynamic nature of the cryptocurrency app market in Portugal. For more detailed analysis and insights, visit Sensor Tower.