The iPhone app for BitMart, a cryptocurrency exchange associated with quick listing of meme coins such as Shiba Inu (SHIB) and SafeMoon (SAFEMOON), gained ground on Apple Inc’s AAPL App Store.
What Happened: BitMart’s app was placed on the no. 64 spot on the chart of top iPhone apps, in terms of downloads, compiled by SensorTower, a market intelligence provider.
The cryptocurrency exchange desk was placed ahead of Tinder, a popular dating service of Match Group Inc MTCH.
The applications of Uber Technologies Inc UBER food delivery service Uber Eats, and Pandora A/S PANDY PNDZF also trailed BitMart in the App Store rankings.
SAFEMOON traded 9.44% lower at $0.0000084 at press time on a 24-hour basis, while SHIB traded 21.05% lower at $0.00003. SAFEMOON has risen 93.67% on a seven-day trailing basis, while SHIB has skyrocketed 1,429.09% in the same period.
See Also: How to Buy Shiba Inu (SHIB)
The apex cryptocurrency, Bitcoin (BTC) traded 4.19% higher at $57,280.97.
Why It Matters: BitMart app was downloaded 300,000 times in April all over the world, according to SensorTower data.
The same data indicates that the application of Coinbase Global Inc COIN was the top free app on the marketplace and was downloaded 2 million times globally in April.
The Cayman Island-based BitMart has offices in New York, Seoul, Hong Kong, and Greater China. The exchange saw a trading volume of $1.3 billion, as per CoinMarketCap.
In terms of active markets, SAFEMOON/Tether (USDT) and SHIB/USDT were ranked at no. 3 and no. 4 spots on BitMart by CoinMarketCap.
Price Action: Apple shares closed nearly 0.7% lower at $125.91 in Thursday’s regular session and fell another 0.15% in the after-hours trading.
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