On March 21, 2026, the price of 26°C showed extreme volatility, crashing from an intraday high of 31c to 13c before rebounding to 23c, reflecting deep market division on the likelihood of a 'forecast overshoot'. On the same day, 25°C (aligning with the forecast cap) surged from 16c to 28.5c, indicating rational capital entering to correct previous overheated bets.
From March 19-20, 2026, prices for 27°C and 28°C+ spiked irrationally, peaking at 31.5c and 36c respectively, driven largely by speculative sentiment.