If you've been in the crypto space long enough, you know degens—those high-risk, high-reward traders who thrive on volatility. They're the folks who turn small bets into moonshots, often in meme tokens on chains like Solana. But lately, some are crossing over to traditional stocks, and a recent post from Solana enthusiast @IcedKnife is stirring up buzz about Beyond Meat ($BYND) as the next big play reminiscent of the infamous GameStop ($GME) squeeze.

The Tweet That Started It All

In a post that's quickly gaining traction, @IcedKnife shared on X: "the same degens that came out of the woodwork to bullpost and hold the line on GameStop are now buying Beyond Meat. Short float over 100% and up 20%+ from the day prior. Limited time to convert. $BYND still below $300M Market Cap. $GME bottomed and started its rally at about $1B Market Cap. Too many similarities to not have exposure."

For the uninitiated, "short float" refers to the percentage of a company's shares that are being shorted—bet against—by investors. When it's over 100%, it means there's massive betting on the stock to drop, which can lead to a "short squeeze" if the price starts rising instead. That's exactly what happened with GameStop in 2021, where retail traders banded together to drive the price sky-high, forcing shorts to cover at huge losses.

Beyond Meat, the plant-based meat alternative company, has been struggling, but its low market cap (total value of all shares) under $300 million makes it an attractive target for a similar pump. GameStop bottomed out around $1 billion before its epic run, so the parallels are hard to ignore.

Echoes from the Crypto Community

The post has sparked a flurry of replies, blending stock hype with crypto shills—a classic degen move. Users like @Zghire_ jumped in with: "You can’t compare then to $Pinheads. Comfy in my spot," accompanied by a quirky meme image, steering the conversation toward Solana-based meme tokens like $Pinheads.

Similarly, @Alain_Shogaly chimed in: "Iced it's time for $Pinheads," with another playful illustration. It's a reminder that in the meme world, attention can pivot quickly from stocks to tokens. Other replies promoted $BANGER, complete with fiery artwork, and even drew historical parallels: "History doesn't repeat. But it sure as hell rhymes," from @The__Solstice.

This crossover highlights how crypto degens, hardened by Solana's fast-paced meme token ecosystem, are applying the same tactics to stocks. Tokens like $DOGE or $SHIB have shown that community-driven hype can defy fundamentals, much like what's brewing with $BYND.

Why This Matters for Meme Token Enthusiasts

At Meme Insider, we focus on meme tokens, but stories like this show the blurred lines between crypto and traditional finance. Degens aren't loyal to one market; they chase opportunity wherever it is. If $BYND squeezes, it could inspire new meme tokens themed around food, veganism, or even short squeezes themselves—think $SQUEEZE or something burger-related on Solana.

For blockchain practitioners, it's a lesson in market psychology. Short squeezes rely on coordination, much like pump groups in crypto. But remember, these are high-risk plays—always do your own research (DYOR) and never invest more than you can afford to lose.

Community Reactions and Broader Implications

Scrolling through the replies, it's clear the community is split between stock bulls and token promoters. @Mr_ANONVII pushed $BANGER as "an example of how crypto can merge with content culture," linking to its Telegram and X pages. Meanwhile, @carnyxbt noted: "so many normies posting about meat," poking fun at the influx of mainstream attention.

Even @vikingbot_trade added: "bro, don’t sleep on $BYND, it’s like the vegan version of a gamestop short squeeze, just gotta wait for the pump!" And @cosmos_atom_ summed it up with: "honestly, this feels like déjà vu, right?"

As meme culture evolves, expect more hybrid plays where crypto tactics meet Wall Street. Whether $BYND moons or not, it's a fun watch for anyone in the meme token space.

Stay tuned to Meme Insider for more updates on how these trends intersect with blockchain innovations. If you're into Solana memes or eyeing the next big thing, check out our knowledge base for deeper dives.