Blabbit

"NOTE: Blabbit can only be bred or purchased until April 1st.  Any Blabbits on your Water Island at that point will stay unless you sell them.

"The playful Blabbit shares a common ancestor with the Reedling, and developed an equally eccentric adaptation for breathing - blowing bubbles!  As it releases the bubbles, it makes an adorable trilling sound which endears it to the other monsters.  This is lucky for the Blabbit, because it also has a reputation for being a bit of a nuisance when it "borrows" monster eggs to hide all over the place."

Description
The Blabbit resembles a rabbit-like creature with features that include spiked ears, eyes in different colors, no arms, enormous feet, a polkadotted tail, a belly-button and rabbit teeth on the opposite jaw.

Song
The Blabbit makes a soft burbling sound, and blows bubbles out of its mouth while doing so.

Breeding
Spunge and Scups is the only known successful breeding combination for Blabbit. It's unknown wether or not there are plans to release another breeding combination for Blabbit.
 * Spunge and Scups

Earning Rate
Earning rate is in coins per minute.

Maximum Income
Each monster has a limit to how much income it can hold at a time. Increasing the monster's level increases the limit.

Feeding Monsters
Each monster needs to be fed four times before it reaches the next level. Increasing the monster's level increases the coins earned per minute, as well as the maximum coins earned.

Likes
Every monster has different things that they like. For every unique object that they like that's placed near the monster, the monster's happiness will increase by 25% (in other words, placing two of the same liked item near a monster will still only increase happiness by 25%).
 * Pummel
 * Oceanic Outpost
 * Tree Forte Tower
 * Floofy Nest

Strategy
Some items to take into consideration when designing your island by strategy are number of beds for the monster, rate of income per bed, max income per bed, and time for max income to be reached. The income below is for level 15: