Mar 25, 2026 - Mar 28, 2026, the $500M option plummeted from 54c to 35.5c (-18.5c), while the $700M option fell from 27.5c to 11.5c (-16c). The reason is that as the TGE date approaches, market panic has intensified, worsening expectations of post-launch sell pressure.
Mar 23, 2026 - Mar 27, 2026, the $700M option price steadily bled from 48c to 23.5c (-24.5c), while the $1B option fell from 31.5c to 8.5c (-23c), and the $500M option fell from 68c to 52.5c (-15.5c). The reason is that as the TGE date (March 31) approaches, the market is reassessing the massive sell pressure risk from airdrop unlocks, shifting sentiment rapidly from 'launch confirmation' excitement to defensive selling against a 'sell the news' event.
Mar 20, 2026 - Mar 23, 2026, the $700M option surged from 35.5c to 48c (+12.5c), and the $1B option rebounded from 18c to 31.5c (+13.5c). The reason was EdgeX officially confirming the March 31 TGE date, eliminating delay uncertainty, while early pre-market data provided a temporary psychological anchor for valuation.