After FABLES launched, its market cap has fallen about 59.51% from its peak; Fables opens points claiming and PROLOGUE redemption

Odaily reports: Robinhood Chain DEX protocol Fables has announced the launch of the FABLES token, with the FABLES/USDG trading pool open for trading, and points claiming and PROLOGUE redemption also opened simultaneously. After FABLES launched, its market cap reached a peak of $18.67 million; it currently stands at $7.56 million, down about 59.51% from its post-launch high. PROLOGUE currently has a market cap of $1.38 million, down 57.23% over the past 24 hours. Fables previously stated that every 40 PROLOGUE can be redeemed for at least 1 FABLES.