Robinhood and Coinbase climbed to the top two spots of Apple’s app store, but a day later the former reported that users were experiencing sporadic crypto order failures and delayed notifications for some customers”, apparently because there was an absolutely unprecedented demand for Dogecoin of all things. Dogecoin, which started as a joke cryptocurrency has gained some 550% for a week after Coinbase got a public listing.
Robinhood issued a statement: “We’re currently experiencing issues with crypto trading due to unprecedented volumes and are working to resolve them as soon as possible,” and added “some crypto trades may not execute right now.”
Later they saw fit to add: “these interruptions aren’t acceptable to us” and that “we believe we’re the most intuitive crypto platform for Dogecoin traders and we’re proud to be a top choice for this community.”
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It's amazing how far Dogecoin has come since the day since it was basically just a meme joke.