Robinhood Launches Dogecoin Price Prediction Market for 2026

Robinhood has launched a prediction market for the price of Dogecoin on October 5, 2026, at 10 PM EDT. The market allows users to bet on whether Dogecoin will reach or exceed specific price targets, including $0.005, $0.09, $0.095, or $0.10. The outcomes will be determined using CF Benchmarks' Real Time Index (RTI), which may differ from prices shown on platforms 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. The market includes standard trading prohibitions, such as restrictions for employees of source agencies and individuals with non-public information.

Robinhood Derivatives, LLC offers these event contracts through various platforms, including KalshiEX LLC and ForecastEX, LLC. The company emphasizes that trading involves significant risk and may not be suitable for everyone.