Coinbase is back at number 1 in the US App Store

Coinbase’s app once again tops the Apple App Store’s ranking as the most popular app in the US.

1.5 million downloads

‘s mobile app Coinbase is currently the App Store’s most popular app in the United States. The app is even above TikTok, YouTube and Instagram., another popular crypto exchange, according to SensorTower also in the App Store’s top five rankings.

Coinbase’s iOS app was launched in June 2014 and has nearly 1.5 million downloads to date. On Tuesday, October 26, Coinbase was the 11th most popular app in the US App Store.

Fred Ehrsam, who co-founded Coinbase with Briam Armstrong in 2012, recalled the early days of the app. He shared an image of what it looked like in the past.

“How it started… and how it is now”, wrote Ehrsam on Twitter.

Coinbase’s return to the top of the App Store rankings was most likely caused by Shiba Inu’s massive price appreciation. The SHIB token was listed on Coinbase in September and has seen a massive price increase since then. Yesterday, the SHIB token hit its all-time high of $0.0000885. The token’s 24-hour trading volume was also bizarrely high. That is, around $43 billion. Coinbase was responsible for a whopping $5 billion of that figure.

Not the first time for Coinbase

This isn’t the first time Coinbase’s iOS app has topped the App Store charts in the US.

It reached the number one position in the US Apple App Store on May 10 of this year, as well as in Dec 2017. The app also ranked second in April, immediately after Coinbase shares debuted on the Nasdaq.

Read Also:  Metallica Crypto Scandal: Bitcoin Worth 43,000x Overnights

Earlier this month, Coinbase announced the upcoming launch of Coinbase NFT, a peer-to-peer marketplace for NFTs. At the time of writing, there are more than 2.4 million people on the waiting list for the service.

Recent Articles

Related News

Leave A Reply

Please enter your comment!
Please enter your name here