Robinhood Ecosystem Meme Coin Rabbit's Market Cap Briefly Exceeds $18 Million, 24H Surge Over 990x
OdailyAccording to GMGN data, the Robinhood ecosystem meme coin Rabbit's market cap briefly exceeded $18 million, with a 24-hour surge of over 990x.
It is reported that Rabbit originated from MoneyPrinterGoBrrr's concept of tokenizing highly shorted stocks. The community combined it with WYFI (Quantum Computing) to create a narrative of retail investors squeezing Wall Street.
Odaily News: Please note that meme coins are highly volatile and susceptible to market sentiment and hot events. Be aware of trading risks.
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