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Robinhood ecosystem Meme coin Rabbit's market cap briefly surpassed $18 million, with a 24-hour surge of over 990x

2026-09-01 05:37

According to GMGN data, Robinhood ecosystem Meme coin Rabbit's market cap briefly surpassed $17 million, with a 24-hour surge of over 990x.

It is reported that Rabbit originates from MoneyPrinterGoBrrr's concept of tokenizing highly shorted stocks. The community has combined it with WYFI (Quantum Computing) to create a narrative of retail investors squeezing Wall Street.

Odaily reminds that Meme coin prices are highly volatile and susceptible to market sentiment and hot events. Please be aware of trading risks.