Crypto Mania Sends Doge Soaring, Crashes Robinhood Token Trading
- Date: 05-May-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Crypto Mania Sends Doge Soaring, Crashes Robinhood Token Trading
(Bloomberg) --
Investors are piling back into some of the fringe corners of the cryptocurrency world, with the frenzy sending Dogecoin surging more than 50% again and crashing Robinhood’s trading app.
Other so-called altcoins also took off, with Dash spiking 18% over a 24-hour period through the European morning on Wednesday and Ethereum Classic rising almost 45%. In the world of DeFi, tokens such as Force DAO and Tierion surged more than 1,000% on Tuesday, according to CoinMarketCap.com data. Meanwhile, Robinhood said it resolved earlier issues with crypto trading on its platform.