Robinhood Launches Dogecoin Price Prediction Market for 2026
Robinhood has launched a prediction market for the price of Dogecoin on October 6, 2026, at 5 PM EDT. The market allows users to predict whether the cryptocurrency will reach specific price targets, including $0.005, $0.01, $0.015, $0.02, or $0.025 and above.
The price used to determine the outcome of the contract is based on CF Benchmarks' Real Time Index (RTI), not prices from sources like Google or Coinbase. Participants can earn $1 for every correct contract they own or close their positions before the event resolves.
Trading on the contract is available 24 hours a day, except for a brief maintenance window from 3 AM to 5 AM ET every Thursday. Payouts occur within an hour of the event's resolution. Robinhood Derivatives, LLC offers these event contracts through various exchanges, including KalshiEX LLC and ForecastEX, LLC.
Participants must adhere to trading prohibitions, such as avoiding trades if they possess material, non-public information or are employed by any of the source agencies involved in the contract.