Robinhood ecosystem meme coin Rabbit briefly surpassed a $17 million market cap and gained more than 990-fold over 24 hours, according to GMGN data. The token originated from MoneyPrinterGoBrrr’s concept of tokenizing stocks with high short interest. The community linked Rabbit with WYFI (Quantum Computing) to promote a retail short-squeeze narrative involving Wall Street. Odaily warned that meme coin prices can be highly volatile and sensitive to market sentiment and hot events, urging caution over trading risks.