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It’s clearly being used as a metaphor for a trans person/trans people
Is it? Or could it be a reference to dragonkin/agekin/otherkin or any other kind of genuinely weird stuff that's out there. The motorbike<>bike thing was clearly a reference to trans people due to the ongoing debate about trans people in sport. The basketball pumpkin thing could be just referencing the daft extremes that some people have taken self identification to.
The basketball is an inanimate object and doesn’t identify as anything. It’s clearly being used as a metaphor for a trans person/trans people.