Recently, the virtual money market has witnessed a staggering phenomenon: the total market capitalization of Memecoin (commonly known as "meme coin") has actually soared to an astonishing $80 billion. These virtual coins, marked by animals or other interesting patterns, attract a large number of enthusiastic investors despite having no actual value promises.

The main Memecoins and their market capitalization are as follows:
- Dogecoin (DOGE) approximately 35 billion US dollars
- Shiba Inu (SHIB) approximately 7.9 billion US dollars
- Pepe (PEPE) approximately 5.1 billion USD
- Trump (TRUMP) approximately 1.9 billion USD
- SPX approximately 1.7 billion USD
- Fartcoin approximately $1.1 billion

The common characteristic of these Virtual Money is the lack of practical use, with some even openly declaring their uselessness. Ironically, a type of Virtual Money called "Useless" has also joined this ranks, with a market capitalization of 200 million dollars, directly reflecting the absurd state of the current Memecoin market.

This phenomenon raises an interesting question: If the entire Memecoin market is based on "uselessness", then what should be the reasonable valuation of a virtual money that claims to be the "ultimate useless"?

This phenomenon not only reflects the speculative frenzy in the current Virtual Money market but also highlights the psychological state of investors when faced with emerging financial products. It reminds us to approach these investment targets, which lack intrinsic value support, with caution, while also providing us with a unique perspective to observe and think about the behaviors of contemporary financial markets.

Despite the surprising prosperity of the Memecoin market, investors must remain clear-headed and recognize the potential bubble risks associated with this phenomenon. It is crucial to thoroughly understand the nature of the relevant assets and their potential risks before making any investment decisions.