Robinhood chain’s stock-meme trade centered on a 「short squeeze」 theme on Sept. 1, according to BlockBeats.
GMGN market data cited by the outlet showed that Rabbit, a stock-meme token issued through the o1 platform and paired with U.S. stock WYFI, cleared a $15 million market cap within nine hours of launch and was quoted at $15.56 million at the time of writing. The move came after BONER, another meme token paired with HIMS, had already run to a $70 million market cap.
Public details tied Rabbit to a CERN protocol
Public information cited in the report said the Rabbit token’s origin traces back to rabbit, an open-source, fiber-based high-precision time synchronization protocol recently developed by CERN, the European Organization for Nuclear Research. The protocol is capable of sub-nanosecond precision, has been incorporated into IEEE standards, and is used in quantum experiments and emerging quantum network infrastructure.
WYFI, the stock paired with Rabbit, is described as an AI infrastructure company listed in 2025. Its business focuses on data centers and HPC cloud services, and the report said it could potentially benefit from the technology mentioned above.
WYFI slipped 0.74% after hours
As of publication, market data from BIT(bit.com) showed WYFI down 0.74% in after-hours trading.
Report linked the spike to KOL calls
BlockBeats added that Rabbit’s sharp short-term jump was closely tied to calls made after building positions by bonk guy, a leading KOL on the fomo platform.
How BlockBeats defined stock-meme tokens
In its note, BlockBeats described stock memes as a new structure that directly combines traditional meme coins with tokenized U.S. stocks. Instead of pairing with USDT or ETH, these meme tokens trade directly against on-chain stock tokens such as NVDA, TSLA, and AAPL.
The format keeps the high-volatility, community-driven speculative nature of meme coins while attaching them to the attention and narrative around real stocks. BlockBeats said trading fees in these pairs often partly flow back to community treasuries to accumulate the corresponding stock tokens, creating a dual engine of 「sentiment speculation + real-asset anchoring」.
BlockBeats warned that prices of related tokens can be highly volatile and said users should invest with caution.