No it is not. There is no inherit value to bitcoin or any other token or coin. Those are just some hash values printed on a digital marker.
Imagine that I assign value to my monopoly money (as in the game), and it is traded in a stock exchange. Yes, it could reach 60K, but it is still monopoly money.
Imagine that I assign value to my monopoly money (as in the game), and it is traded in a stock exchange. Yes, it could reach 60K, but it is still monopoly money.