So, Samson Mow, the big brain behind JAN3, just dropped a bombshell. According to him, Ethereum, XRP, and Solana are totally overvalued when you compare them to Bitcoin’s beautiful, perfectly capped supply. Yep, the guy isn’t shy about calling these altcoins out for what they are: inflated little balloons that can’t hold a candle to Bitcoin.
He’s got a point: Bitcoin, with its 21 million coin cap, has a pretty hard-to-ignore supply model. And Mow, in his infinite wisdom, has decided to break things down for us in terms we can all understand. “You can buy one twenty-one millionth of the BTC supply for a mere ~$85,000,” he tweeted like he was tossing out some kind of financial grenade.
Essentially, Mow’s main argument is that we’re all too dumb to realize what we’re buying because of something he calls “unit bias.” Don’t worry, you don’t need a fancy degree to understand what this means. In short: we look at something like XRP, which is “only $2,” and think, “Hey, that’s a bargain!” But wait, Bitcoin is worth $85,000, so it must be too expensive. Wrong. Mow says we’re all falling for the trick.
Most alts take advantage of unit bias by utilizing a very high supply, so people can’t figure out what they’re buying.
“XRP is *only* $2 but Bitcoin is too expensive at $85,000!”
Unit bias is absolutely destroying the uninitiated.#Bitcoin only.
— Samson Mow (@Excellion) April 19, 2025
Using this very “revolutionary” way of thinking, Mow calculated that Ethereum (ETH) should only be worth about $9,200, XRP about $5,800, and Solana (SOL) just a measly $3,400. But, shocker! They’re all priced way higher than that.
Mow’s Bold Prediction: Bitcoin is About to Rule the World
Here’s where it gets juicy. Mow thinks Bitcoin dominance is about to shoot to the moon. He’s not holding back—”No way these alts are worth that much,” he declared. And with Bitcoin dominance already sitting pretty at 63.71% (according to TradingView data), he’s convinced it’s only going up from here.
Mow’s big brain moment comes when he compares these altcoins to Bitcoin, whose cap of 21 million is set in stone. Ethereum? It’s got a market cap of around $193 billion. Divide that by 21 million and boom, you get a value of $9,200. So instead of buying a “one twenty-one millionth” piece of Ethereum, you could just buy 0.11 BTC. Seems like a no-brainer, right?
He doesn’t stop there, though. He’s also got something to say about XRP. “XRP is only $2 but Bitcoin is too expensive at $85,000!” he quips, showing no love for that underdog altcoin. It’s clear—Mow thinks we’ve all been hoodwinked by “unit bias,” and it’s high time we woke up.
Bitcoin’s dominance has been on the rise. Over the last year alone, it’s grown by 14.48%, and over the last six months, it spiked by 9.15%. Year to date? 9.71%. And just last month? A 3.76% bump. So yeah, Bitcoin is clearly gaining traction while these other altcoins are just playing catch-up.
Of course, Bitcoin’s fixed supply and halvings make it a bit more “exclusive,” while Ethereum has turned to a deflationary model with EIP-1559. XRP? Well, it’s got a pre-mined supply of 100 billion tokens. Not exactly the poster child for scarcity. Solana’s inflationary model doesn’t exactly scream “limited edition” either.
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2025-04-20 14:38