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In the third quarter of 2024, Italy's top five cryptocurrency apps exhibited varied performance trends, according to data from Sensor Tower. Here's a closer look at their downloads, revenue, and weekly active users:
Nexo: Crypto Wealth Platform saw its downloads peak mid-September at approximately 10.7K, following a steady climb from July's figures around 4.8K. The app's weekly active users mirrored this upward trend, starting at 49K in early July and reaching a high of 66.7K by mid-September.
Binance: Buy Bitcoin & Crypto maintained a consistent download rate throughout the quarter, with a notable increase in the week of September 16, reaching 8.5K. Weekly active users fluctuated, reaching a peak of 106K in late September, despite a drop to 86.5K in early September.
Crypto.com - Buy Bitcoin, DOGE showed a gradual increase in downloads, culminating at 6.6K at the end of September. The app's active user base exhibited volatility, starting the quarter at 36.1K, dropping to 26.4K in early September, and recovering to around 40.2K by mid-month.
Bybit: Buy & Trade Crypto experienced a steady increase in weekly active users, peaking at approximately 59K mid-September. Downloads saw a rise in early September, reaching 5.4K, before settling at 3.6K by the end of the month.
Tonkeeper — TON Wallet displayed an interesting trajectory with revenue starting at $56 in early July and climbing to $502 by the end of September. Downloads peaked in mid-September at 4.4K, while active users increased significantly from 12.9K in early July to 17.7K by mid-September.
These insights illustrate the dynamic nature of the cryptocurrency app market in Italy during Q3 2024. For more detailed analysis and data, visit Sensor Tower.