- Sputnik International, 1920
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Robinhood Trading App Partially Down as Elon Musk Plugs Dogecoin on SNL

One Dogecoin - Sputnik International, 1920, 09.05.2021
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Tesla CEO Elon Musk during the Saturday Night Live (SNL) show said that Cryptocurrency prices have been growing, particularly Dogecoin, which is "unstoppable" and will "take over the world,".

The Robinhood trading app partially crashed and took to Twitter to explain that it was dealing with cryptocurrency issues as Musk was hosting Saturday Night Live.

Soon the trading app said on Twitter that it was back up and running.

​Nearly one hour into the show, Dogecoin was at 48 cents (compared to around 62 cents before the SNL aired at 11:30 ET on Saturday) and the cryptocurrency lost $30 billion in market cap about 50 minutes into the Musk-hosted SNL.

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