Robinhood has blocked Dogecoin [DOGE] trading on their platform amid soaring Dogecoin prices. The DOGE has already soared by more than 150% in last 24hrs and is currently trading above $0.02 at the time of reporting.
The sudden decision to block the DOGE trading has led to an enormous backlash by the traders as Dogecoin prices are reported to be soaring.
Is Wallstreetbets Into Dogecoin?
Wallstreetbets is all over news and recent jump in dogecoin prices are rumored to be a signal for wallstreetbets entry into cryptocurrency particularly Dogecoin. Binance CEO CZ, posted on twitter and took a jibe at Robinhood for blocking Dogecoin trading. He is also suspected that this might be wallstreetbets pumping the cryptocurrency.
HIGH risk WARNING.
HIGH volatility WARNING.
We won't be able to ban it or pause trading. Too many other exchanges trading it. Will just cause more problems.
— CZ 🔶 Binance (@cz_binance) January 28, 2021
Story under development….