The current description of Coinbase lists SHIB following BTC and ETH, noted Cointelegraph. At press time, DOGE traded 26% high at $0.30. On Wednesday, Shiba Inu, a meme coin hit an all-time high of $0.00008845 triggering a meme-coin war with DOGE, which has since then been spiking as well. Last week, BTC hit an all-time of $66,930.39. The current surge in popularity of Coinbase and on the app correlates with euphoria in the cryptocurrency market as well. Notably, both periods saw a significant cryptocurrency frenzy. Why It Matters: Coinbase’s app was more popular than Bytedance’s TikTok and Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) YouTube at press time.Ĭoinbase was also the most popular downloaded app in the United States in both 2017 and May 2021, as per Cointelegraph.
See Also: How To Buy Coinbase (COIN) Shares The app was placed ahead of applications like Facebook Inc’s (NASDAQ: FB) Instagram and Snap Inc (NYSE: SNAP) Snapchat. was downloaded by 600,000 users last month, as per Sensor Tower data. Notably, the platform is running a “fortune favors the recent brave” advertising campaign featuring actor Matt Damon. What Happened: Coinbase’s app, which allows people to trade cryptocurrencies like Bitcoin (CRYPTO: BTC) came in first on the Top Charts list compiled by Sensor Tower, a provider of mobile app store marketing intelligence.Ĭ’s App was placed at number 5. Coinbase’s APIs enable a variety of capabilities from simply gathering read-only data, to building something that’s never been done before. Coinbase Global Inc’s (NASDAQ: COIN) cryptocurrency trading application has propelled itself to the top of the Apple App Store charts for the iPhone. Welcome to the Coinbase Digital API Our API makes it easy to integrate bitcoin, bitcoin cash, litecoin and ethereum into both new and existing applications.