Beyond Meat Beats Bitcoin

Beyond Meat is the hottest IPO on Wall Street this year. Even after the recent correction, its shares have gained 169.37% in the last three months, beating Bitcoin, which has gained 95.42% over the same period.

Beyond Meat, Inc., is a food company that manufactures, markets, and sells plant-based meat products in the United States and internationally.

An alternative to meat, plant-based meat products are seen as helping to save the world and societies from a number of problems, ranging from obesity, cholesterol, and environmental decay. That’s why they have become the new consumer craze among younger generations, who are the  most sensitive to these problems.

As has been the case with previous consumer crazes, vegan products have fueled an investor frenzy on Wall Street for publicly traded companies that stand to profit from this trend, like Beyond Meat.

And that’s what has happened with Bitcoin, a…