Robinhood Launches Dogecoin Price Prediction Market for 2026
Robinhood has launched a prediction market for the price of Dogecoin on October 5, 2026, at 3 AM EDT. The platform allows users to bet on whether the cryptocurrency will reach specific price thresholds, including $0.005, $0.01, $0.015, $0.02, or $0.025 or above. The price used to determine the outcome will be based on CF Benchmarks' Real Time Index (RTI), not general market sources like Google or Coinbase.
Participants can earn $1 for every contract they own if their prediction is correct. Alternatively, they can close their positions before the event resolves, though additional fees may apply. The platform emphasizes that trading involves significant risk and is not suitable for everyone, with restrictions on certain individuals, such as those employed by source agencies or holding material, non-public information.
The prediction market is offered by Robinhood Derivatives, LLC through various exchanges, including KalshiEX LLC and ForecastEX, LLC. Live data provided is for informational purposes only and may be delayed or incorrect.