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04 May 2021, 02:05 pm
Robinhood faced another outage after Dogecoin prices surged 30%, setting a new record high above 50 cents.
The cryptocurrency s price surge drove Robinhood to its second Dogecoin-related outage in 2021 alone.
Robinhood s Outage: Is the Trading Platform Ready For Cryptocurrency?
On Tuesday, May 4, Robinhood admitted to experiencing issues with its cryptocurrency trading feature while users flock to take advantage of Dogecoin s price surge.
According to DownDetector, the outage started at 9:21 a.m. ET and eased about an hour later.
We’re currently experiencing issues with crypto trading. We re working to resolve this as soon as possible. For the latest updates, check https://t.co/ZS733G6N1J Robinhood Help (@AskRobinhood) May 4, 2021