Dogecoin Price Bets Flood Robinhood Prediction Market

Robinhood's prediction market is allowing users to bet on the future price of Dogecoin. As of August 16, 2026 at 7pm EDT, users can place their bets on whether the price will be $0.07 or above, $0.005 or above, or $0.01 or above.

The prices used to determine this market are based on CF Benchmarks' corresponding Real Time Index (RTI), which may differ from other cryptocurrency price data sources.

Users can choose to close their position before the event resolves or stick with it and potentially earn $1 for every contract they own if their prediction is correct.