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Robinhood restricts crypto trading as Dogecoin soars 300 percent

Robinhood began restricting trading on cryptocurrencies this morning, as the joke's price of cryptocurrency Dogecoin soared more than 300 percent in 24 hours, CNBC reports that users Robinhood began to notice deposits immediately for cryptocurrencies It was no longer working Friday morning and the company confirmed it had put restrictions on it.

Due to เกมสล็อตฟรี extraordinary market conditions, we have temporarily closed buying for crypto," a spokesperson for Robinhood said in a CNBC statement. With our customers Dogecoin came to life in 2013 from a Twitter joke - playing bitcoin and doge meme.Prices started higher yesterday, and Dogecoin is now at a market cap of more than $ 7 billion due to the massive amount of transactions made in the last 24 hours. come

Market activity and limitations over the past 24 hours have made Dogecoin the most popular meme among investors. R / WallStreetBets Dogecoin is constantly being spammed into its servers. WallStreetBets Discord in the past few days Bitcoin is on the move, gaining nearly 20 percent over the past 24 hours. Tesla CEO Elon Musk changed his Twitter profile to include #bitcoin and tweeted, "In retrospect it was inevitable. Not "
Robinhood's latest crypto limit came less than a day after the company moved to restrict users from buying or trading Reddit r / WallStreetBets shares.

Popular ones include GameStop ($ GME), AMC ($ AMC), BlackBerry ($ BB), Bed Bath & Beyond ($ BBBY), Nokia ($ NOK), and more. It's a move that has been widely criticized and Google is forced to salvage Robinhood's one-star rating on the Google Play Store by removing nearly 100,000 negative reviews after unsatisfied users have reviewed the app. Robinhood said it now allows "limited purchase" of stocks like GameStop from Friday.

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