Gemini Surpasses Coinbase in App Store Rankings as IPO Rumors Swirl
Gemini just flipped the script—and Coinbase—in Apple's App Store rankings.
The Timing
This surge coincides with whispers about Gemini's potential IPO move. Nothing gets downloads pumping like the prospect of early investors cashing out.
The Ripple Effect
Coinbase, long the darling of retail crypto apps, now watches from the second spot. Market dynamics shift fast—today's leader is tomorrow's footnote.
The Bottom Line
When IPO chatter hits, even the most disciplined traders turn into speculative gamblers. Because nothing says 'sound investment' like FOMO-driven app downloads.
Coinbase Continues Leading in Trading Volume
Interestingly, Coinbase has more than thrice the daily trading volume of Gemini. According to CoinMarketCap, Coinbase ranks third among crypto exchanges by trading volume, recording $4.54 billion in the past 24 hours, while Gemini sits at 24th with $382.49 million. Gemini also filed for the initial public offering (IPO) on August 16 on Nasdaq under the ticker symbol GEMI.
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