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Robinhood Reports Issues with Crypto Trading as Dogecoin Crashes 33 Percent Before Paring Some Losses

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Sun, 9/05/2021 - 5:00
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Robinhood Reports Issues with Crypto Trading as Dogecoin Crashes 33 Percent Before Paring Some Losses
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Robinhood's cryptocurrency trading systems are once again experiencing a major outage amid Dogecoin's extremely volatile price action. 

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The meme cryptocurrency plunged as much as 33 percent during Elon Musk's "Saturday Night Live" episode before paring some of the losses after the billionaire jokingly explained crypto. 

DOGE is currently trading at $0.55 on the Binance exchange, down 13 percent since the daily open. 

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As reported by U.Today, Musk said that Dogecoin was going to take over the world during his sketch but failed to turn the coin green. The billionaire also said that Doge was Maye Musk's Mother's Day gift.             

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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