May 05 2021, 10:10 AM May 04 2021, 7:37 PM May 05 2021, 10:10 AM (Bloomberg) -- (Bloomberg) -- Animal spirits are alive and well in the cryptocurrency world, with the frenzy sending Dogecoin surging more than 50% again and crashing Robinhoodâs trading app. Other so-called altcoins also took off, with Dash spiking 35% over a 24-hour period through midday in Asia Wednesday and Ethereum Classic rising almost 50%. 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. âYou have money looking for a home and this is one of those areas of the market where there is speculation happening, there is significant appreciation happening in a short period of time,â said Chad Oviatt, director of investment management at Huntington Private Bank. âYou get that excitement there.â