Robinhood Sets Dogecoin Price Target for August 2026

A prediction market on Robinhood has set a target for Dogecoin's price at 9pm EDT on August 25, 2026. The predicted prices are as follows: $0.085 or above results in an 82% payout, while $0.09 or above yields a 1% payout. Additionally, if the price reaches $0.01 or above, there will be no payout.

Investors can trade on this prediction market through Robinhood Derivatives, LLC, with trading hours running 24/7, except for Thursdays from 3am to 5am ET. The contract resolves once the event takes place, and payouts are usually made within an hour of resolution.