Bitcoin’s grip on the crypto market may be far from over, according to Jan3 CEO and renowned crypto expert Samson Mow.
While many expected Bitcoin dominance to level off around 60% this year, it’s already surpassed that—and Mow believes there’s still plenty of room to climb.
Mow challenged common assumptions around altcoin valuations by highlighting a psychological phenomenon known as “unit bias.” The idea is simple: people tend to prefer owning whole units of cheaper assets rather than fractional shares of more expensive ones. This often leads new investors to overvalue altcoins simply because they can buy more of them for the same amount of money.
To illustrate his point, Mow compared altcoin prices to Bitcoin’s capped supply model. He posed a hypothetical: what if every altcoin had the same 21 million total supply as Bitcoin? In that case, Ethereum would be priced over $9,000, XRP near $5,800, and Solana at around $3,400—figures that, he argued, expose the inflated perception of value many altcoins currently enjoy. “There’s no way those valuations hold up,” he stated bluntly.
Mow claims that many altcoins intentionally exploit unit bias by inflating their token supply, making their prices look deceptively affordable. This tactic, he says, leaves most retail investors unaware of what they’re actually buying.
He’s not alone in this view. Other Bitcoin advocates have also described unit bias as one of the key mental shortcuts used by inexperienced investors to justify buying into cheaper tokens.
Despite previous analyst projections that Bitcoin’s dominance would peak at 60% before altcoins gained momentum, the metric has now crossed 63%, according to TradingView. Mow expects this figure to rise even further, suggesting that Bitcoin’s market share hasn’t topped out just yet.
Historically, Bitcoin dominance tends to fall before altcoin rallies begin—but if Mow is right, the long-anticipated altcoin season could be further off than many anticipated.
Editorial Team
Reporter at Coindoo
Source: https://coindoo.com/altcoin-season-delayed-bitcoin-continues-to-outshine-rivals/