Robinhood suffers crypto trading outage in the middle of Dogecoin sale

The popular Robinhood trading app falters after crypto services are stopped over the weekend during the fast sale of Dogecoin (DOGE). During the highly anticipated debut of Tesla CEO Elon Musk on the legendary night comedy show Saturday Night Live (SNL), DOGE began dropping from $ 0.73 to $ 0.441 on Sunday. Crypto analysts such as Nugget's News's Alex Saunders and the fake trader Loma predicted that the broadcast would be a news selling event, and it turned out. During the same period, the Robinhood app encountered technical difficulties and prevented users from buying and selling cryptocurrencies, including Dogecoin holdings. "We are aware that customers may see crypto orders as 'pending' over a longer period of time. We are experiencing a delay in updating the order status and we will provide an update here when the issue is resolved." The trading platform has since saved its services, but its users have occasional problems due to high transaction volume and volatility. "Crypto trading has now fully recovered. We will continue to monitor the situation closely and apologize if you are affected. Please contact us if you have unresolved issues. According to CoinGecko, DOGE is trading around $ 0.55 at the time of writing. Don't miss anything – Directly. Subscribe to receive crypto email alerts in your inbox Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check the latest news Disclaimer: The views expressed in The Daily Hodl are not investment advice Investors, Bitcoin , cryptocurrency or digital asset It should show due diligence before making intermediate risky investments. Remember that your transfers and transactions are at your own risk and any damage you incur is your responsibility. Daily Hodl does not offer to buy or sell cryptocurrencies

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