The whole meme and the title are references to “Sugar We’re Goin Down” by Fall Out Boy.
The chorus: 🎵 We're going down, down in an earlier round/And sugar, we're going down swinging/ I'll be your number one with a bullet/ A loaded God complex, cock it and pull it🎵
I once got a wrong text from someone identifying themselves as a person named Sky. I proceeded to try to act like I thought they were Sky Tate from Power Rangers S.P.D.