This character also does have a strong resemblance to a leaf, or perhaps a sprout or a seed that's just germinating.
Here's why:
Green Color: The primary color is green, strongly associating it with plants.
Rounded, Irregular Shape: While not a perfect leaf shape, its overall roundness with slight irregularities and the way its "body" might puff out could evoke a soft, fleshy leaf.
Antennae/Stems: The curly green antennae with yellow tips on its head look very much like sprouts, tendrils, or even the veins of a leaf extending upwards.
"Feet" as Roots/Bulb: The yellow, rounded shapes at the bottom, acting as feet, could be seen as a bulb, roots, or just the base of a plant-like form.
So, while it's a very simplified and stylized character, its design elements strongly point towards a plant-like, and specifically leaf-like, appearance.