May 3, 2026 - May 4, 2026, the 'June 30, 2026' option price crashed from 41.2c to 30.4c, while the 'December 31' option surged from 73.5c to 85.5c. The reason is extreme market FUD regarding the June 23 mainnet airdrop timeline, with some capital falsely assuming claims will be delayed to H2, thus rolling positions from June to December.
May 1, 2026 - May 3, 2026, the 'June 30, 2026' option price rebounded from 35.1c to 41.2c. The reason was that some market participants noticed mainstream reports confirming the TGE and airdrop had actually executed on April 30, prompting dip-buying.
Apr 30, 2026 - May 2, 2026, the 'June 30, 2026' option price crashed from 73.05c to 35.1c, while the 'December 31' option rose from 61.5c to 77.5c. The reason was a misunderstanding of airdrop mechanics among investors, who panicked over the Wave 1 mainnet campaign ending on June 23, falsely assuming the primary airdrop was critically delayed.
Apr 28, 2026 - Apr 29, 2026, the 'June 30, 2026' option price surged from 52.5c to 73.9c. The reason was the official confirmation of the April 30 TGE and subsequent airdrop plans, which significantly eliminated uncertainty.
Apr 24, 2026 - Apr 25, 2026, the 'June 30, 2026' option price rapidly rebounded from 46.4c to 60.5c. The reason was the project reaching its first KPI milestone and triggering a 7-day TGE countdown, bringing long capital back to the market.
Apr 23, 2026 - Apr 24, 2026, the 'June 30, 2026' option price crashed from 60.75c to 46.4c. The reason was heightened community anxiety prior to the countdown announcement, triggering a concentrated exit of long positions.
Apr 14, 2026 - Apr 18, 2026, the 'June 30, 2026' option price climbed from 44.75c to 55.6c. The reason is that market expectations for a TGE by the end of Q2 heated up again, with speculative capital continuing to drive up the price.
Apr 4, 2026 - Apr 5, 2026, the 'June 30, 2026' option price crashed from 62.3c to 42.6c. The reason is that speculative fever faded and the market realized that the strict TGE KPIs set by the team are currently far from being met, heavily discounting the expectation of a Q2 airdrop.
Mar 29, 2026 - Apr 3, 2026, the 'June 30, 2026' option price bounced back from 43.8c to 53.35c. The reason is that after previous overselling, speculative capital re-entered to buy Yes, driven by heated discussions within the community regarding mainnet progress.
Mar 21, 2026 - Mar 24, 2026, the 'June 30, 2026' option price slowly drifted down from 48.55c to 44.5c. The reason is that after digesting the missed Q1 expectations, the lack of new catalysts or official announcements caused a continued drain in buyer confidence, leading to a downward drift on low volume.
Mar 17, 2026 - Mar 20, 2026, the option price crashed from 63.35c to 44.05c. The reason was the market's realization, as late March approached, that the 'Q1 TGE' expectation would be missed, triggering a mass capitulation of bullish capital due to disappointment.