Look at what's been happening with these cryptocurrency airdrop tokens lately. The Opinion (OPN), which was launched in early March via airdrop, started at $0.41 at opening and shot up to $0.43, but then dropped significantly, reaching as low as $0.27. Now it's trading around $0.18 according to the latest data. The team that created Opinion, a prediction market on the BSC network, had already warned the community not to get too excited about the Season 1 airdrop, saying the real one would be in Season 2.

But it's not just Opinion. I kept an eye on other cryptocurrency airdrops that happened around the same time. Avantis also completed its Season 2 airdrop in March, releasing 40 million tokens to traders and liquidity providers. Their AVNT token is now at $0.15. The project is a prediction DEX operating on the Base network.

It's clear that when there are such large cryptocurrency airdrops, volatility is real. Many people enter, take quick profits, and then the price suffers. But it's kind of, part of the game when you're following these launches.