Fables, a DEX in the Robinhood Chain ecosystem, has opened points claims and PROLOGUE redemption, and the FABLES/USDG trading pool has also launched.
According to the official rules announced earlier, every 40 PROLOGUE can be redeemed for at least 1 FABLES. However, the market has been highly volatile since launch: FABLES’ market cap peaked at around $18.67 million and is currently about $7.56 million, down approximately 59.51% from its peak. PROLOGUE’s current market cap is about $1.38 million, down approximately 57.23% over the past 24 hours.
After points claims and redemptions open, short-term selling pressure often surfaces all at once. Users who have already participated should verify their claim and redemption authorizations through official channels, and manage slippage and position sizes. Those who have yet to acquire tokens should also avoid blindly chasing prices amid short-term volatility. The realization of positive news does not mean prices will continue to rise; when trading on-chain, risk management should come first.
#Fables #RobinhoodChain #Airdrop
According to the official rules announced earlier, every 40 PROLOGUE can be redeemed for at least 1 FABLES. However, the market has been highly volatile since launch: FABLES’ market cap peaked at around $18.67 million and is currently about $7.56 million, down approximately 59.51% from its peak. PROLOGUE’s current market cap is about $1.38 million, down approximately 57.23% over the past 24 hours.
After points claims and redemptions open, short-term selling pressure often surfaces all at once. Users who have already participated should verify their claim and redemption authorizations through official channels, and manage slippage and position sizes. Those who have yet to acquire tokens should also avoid blindly chasing prices amid short-term volatility. The realization of positive news does not mean prices will continue to rise; when trading on-chain, risk management should come first.
#Fables #RobinhoodChain #Airdrop