Frosty, Roger the Rabbit and Bugsy
You understand me, wrapped wrists like mummies
Frosty, meaning; iced out, Bling. The man is wearing a lot of jewelry. Basically Nelly is explaining he has more “carrots” (a pun on Karats — eg. 24karat gold) than Roger Rabbit and Bugs Bunny; rabbits eat carrots. Whattup Doc?
Followed by the next line; my wrists are ‘wrapped’ with jewelry. A play on words, Egyptian mummies are wrapped in cloth and usually tombed with valuable stone and priceless items.
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