Robinhood Ecosystem Meme Coin FABLE Market Cap Surges Over 990x in 24 Hours

According to GMGN data, the Robinhood ecosystem meme coin FABLE saw its market cap briefly exceed $8.5 million, marking a 24-hour gain of over 990x. The project is an experimental initiative launched by AI-generated artist Kevin Ngo, where an AI agent named Claude Fable 5 autonomously built a website and issued the token to symbolize an unfinished story. Investors are advised to exercise caution due to the high volatility and sensitivity of meme coins to market sentiment.