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Initially, Snap Inc (NYSE:SNAP) started by attracting huge numbers of the young users. Time changes a lot of things considering not quite a large of number of people could imagine the platform could one day attract the older generation as well.

Anyway, market dynamics have always been there and will always be there in many years to come. The recent flocking of the older people to the ephemeral messaging app is great news and is expected to result in the generation of more revenues not forgetting the fact that it will go a long way towards rebuilding the investor confidence in the high provider.

From a recent report from comScore charted by statisca, those persons that are 35 years of age and above account for about 46% of Snapchat’s adult user base in the United States. However, it is of paramount importance to move ahead and pinpoint to the fact that the above mentioned figure did not include the young users and thus it is not the perfect indication of the overall users of this remarkable application.

According to a few insiders who were willing to disclose some of the company’s moves and strategies, it was made clear that indeed the high end service provider had lately been witnessing major expansion in the entire user base which is of course good for this provider.

The provider has during it working years been doing all within its means towards ensuring that it climbed up the ladder to become an industry leader. This dream w8ill come true from a speculative point of view considering that it ahs lately been laying down a number of strategies to help it make great business progress.

The twofold increase associated with the older users is of course serves as a green-light assuring the company’s investors that of course they are investing in the right place. At the moment, there are a lot of investors paying close attention to the company’s progress in term terms of monitoring whether the app manages in catching up can on outside of its core millennial demographic.

As investors continue to wait for updates regarding the app’s user growth, the company has reported hat it currently has 158 million daily users.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg, Equities.com, Hacked.com, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.

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