Top Cryptocurrency Apps in Nigeria: Q4 2024 Performance

In the fourth quarter of 2024, the top cryptocurrency apps in Nigeria saw varied performance metrics across downloads and active users, as reported by Sensor Tower.

Pi Network from SocialChain experienced a gradual decline in weekly downloads, starting at around 102K and dropping to approximately 63K by the end of December. However, weekly active users remained relatively stable, fluctuating between 3.1M and 3.5M throughout the quarter.

OKX: Buy Bitcoin BTC & Crypto showed significant volatility in downloads, peaking at 264K in late October before declining to 9K by the end of the year. Active users saw a sharp increase, reaching over 1M in mid-November, before tapering off to about 558K in the final week of December.

Ultrapro Exchange: Buy Crypto by Gain Financial Freedom witnessed a steep drop in downloads from 593K in early October to a mere 63 by December. Active users also decreased significantly, from 1.4M at the start of the quarter to approximately 51K by year-end.

DoctorX by Ice Labs experienced an initial surge in downloads, reaching 250K in early October, but this number dwindled to under 200 by December. Despite this, active users grew steadily from 242K to over 500K by early December, before decreasing to 70K by the end of the month.

Phantom from Phantom Technologies, Inc. showed a notable rise in downloads, culminating in a peak of 293K in mid-December. Active users increased consistently throughout the quarter, ending with a significant rise to over 1.3M in the final week of December.

These trends provide a snapshot of the dynamic cryptocurrency app landscape in Nigeria, with more detailed insights available from Sensor Tower.