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

Robinhood cannot handle the Dogecoin mayhem

Robinhood’s cryptocurrency trading systems are once again experiencing a major outage amid Dogecoin’s extremely volatile price action.

Robinhood
Image by status.robinhood.com

 

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.

Musk
Image by tradingview.com

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.

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