Samson Mow Says No Way XRP Is Worth $5,800 vs Bitcoin. Here’s the Significance

Bitcoin enthusiast and JAN3 CEO Samson Mow recently reignited the debate on cryptocurrency valuations by challenging the perceived value of leading altcoins when measured against Bitcoin’s supply model. In a post on X that drew attention across the crypto space, Mow argued that the market is heavily influenced by a phenomenon known as “unit bias,” which distorts investor perception by making lower-priced coins appear more accessible or undervalued compared to Bitcoin. You can buy one twenty-one millionth of the BTC supply for ~$85,000. What happens if you remove unit bias from alts to calculate the equiv 1/21 million? ETH: $9,200 XRP: $5,800 SOL: $3,400 No way these alts are worth that much. #Bitcoin dominance is going so much higher. — Samson Mow (@Excellion) April 19, 2025 Rethinking Altcoin Prices Without Unit Bias Mow suggested that altcoins such as Ethereum, XRP, and Solana benefit from massive circulating supplies, which allow their unit prices to seem cheaper, misleading less informed investors into believing they are more affordable or poised for greater gains. He illustrated this by redistributing their market caps over Bitcoin’s 21 million supply, estimating Ethereum at $9,200, XRP at $5,800, and Solana at $3,400. This highlights how supply affects perceived affordability. He said, “No way these alts are worth that much.” These values are derived by taking each altcoin’s current market capitalization and dividing it by 21 million, the total capped supply of Bitcoin. For example, Ethereum’s market cap of around $193 billion, when divided by 21 million, results in an equivalent value of $9,200. Despite these figures, Mow, who has previously criticized Ripple and XRP , strongly dismissed the notion that these assets are worth such amounts, asserting that the actual market fundamentals do not support such valuations. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Bitcoin Remains the Benchmark According to Mow, unit bias plays a significant role in distorting investment choices. He emphasized that many retail investors are drawn to altcoins simply because they can purchase whole units at low prices, such as buying XRP for a few dollars without understanding the underlying value or supply metrics. This, he argues, creates a false impression that Bitcoin, priced significantly higher per unit, is “too expensive,” even though its scarcity and network effects position it differently in the market. He stated that Bitcoin’s dominance is likely to increase over time, a stance that other analysts opposed, as they expect XRP’s dominance to rise against Bitcoin . He also noted that such mispricing in altcoins cannot be sustained in the long run. A Standardized Supply-Based Unit Mow proposed using “Finney,” named after one of Bitcoin’s early adopters, Hal Finney, as a standard to mean one twenty-one millionth of any capped-supply asset, improving cross-asset comparisons. Originally 10 satoshis in Bitcoin, a Finney would now equal $85,000 in BTC, $9,200 in ETH, and $1 million in gold. Mow has always stood against altcoins , and he believes this proposal will help prop up Bitcoin and show its superiority. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Samson Mow Says No Way XRP Is Worth $5,800 vs Bitcoin. Here’s the Significance appeared first on Times Tabloid .

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