Coinbase's App Store ranking soared 63%, retail investment enthusiasm picked up
Internet reports that as the crypto market heats up, Coinbase's ranking in the App Store jumped from the previous month's low of 436 to 162, an increase of 63%, indicating that retail investors are re-entering the crypto market. This ranking has repeatedly coincided with periods of high market sentiment in the past cycle, often indicating high FOMO sentiment and potential adjustment risks. Analysts said that although Coinbase is still indicative, with the rise of competitors such as Robinhood, its representation may be diverted by multiple platforms.
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
