A Pokémon-shaped Flamin’ Hot Cheeto nicknamed “Cheetozard” has sold for $87,840 to an unnamed buyer, the Goldin auction house said on social media. The 3 inch (7 cm) long Cheeto, shaped like the character Charizard from the Japanese anime franchise, is affixed to a customized Pokémon card and enclosed in a box.

A Charizard-shaped Cheeto sold for $88,000. But why? The internet’s obsession with rare snacks, meme culture, and collectibles is reshaping what we consider valuable.

A Cheeto shaped like a character from Pokémon has sold at auction for $87,840. The New Jersey-based Goldin auction house listed the snack as sold on Sunday. "Presented is a 3-inch-long Flamin' Hot Cheeto in the shape of the Pokémon Charizard,