Robinhood and Coinbase Apps Overtook TikTok App Store and YouTube
Over the past few days, two trading applications have risen to the top of the Apple App Store rating, where Robinhood took first place, and Coinbase finished second. The third place was taken by the popular social media app, TikTok. YouTube, Instagram and Snapchat are taking the fourth, fifth and sixth positions respectively.
What conclusion can we make from this? Now people are more interested in the exchange of cryptocurrency and financial assets than in the interaction on different platforms of social networks. Robinhood was a hot topic in January this year, when the company blocked the ability to buy GameStop shares. This decision was adopted after the price of the asset had risen sharply thanks to the coordinated efforts of the Reddit coordinated group under the name of Wallstreetbets.
The Coinbase application, which took the second place, was also popped in the headers of the newspaper because of the direct listing on stock exchanges. During this period, special offers under the ticker COIN were added to the American stock exchange of shares of high-tech companies Nasdaq. Cryptocurrency and stocks were in the spotlight after the crash in March 2020. After this event, the stock market announced a recovery, while the crypto markets continued to reach new record highs.
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