Dogecoin Price Betting Market Opened by Robinhood
Robinhood's Crypto Prediction Market is allowing traders to bet on the price of Dogecoin at a specific time in the future. The market, which is live until its resolution, asks users to predict whether the price of Dogecoin will be above certain thresholds on August 16, 2026, at 3am EDT.
The market uses CF Benchmarks' corresponding Real Time Index (RTI) to determine the outcome, and the prices used for the prediction are based on this index. This means that users should not rely solely on other sources like Google or Coinbase to make their predictions.
According to Robinhood Derivatives, LLC, persons who hold material non-public information about Dogecoin or work for certain agencies are prohibited from trading on the contract.