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Jan3 CEO Warns That Altcoin Prices May Be Trickier Than They Look
Samson Mow, CEO of Jan3 and outspoken Bitcoin advocate, is sounding the alarm on a psychological trap snaring crypto investors: unit bias.
In a recent post, Mow argued that many investors are misled into thinking low-priced altcoins like XRP, SOL, and ETH are better value than Bitcoin—when in reality, their market caps tell a different story. “Unit bias is absolutely destroying the uninitiated,” Mow wrote, pointing to the cognitive shortcut where people prefer whole units of cheaper tokens over fractional amounts of more valuable ones.
To illustrate the distortion, Mow recalculated major altcoin prices as if they had the same 21 million supply cap as Bitcoin—revealing drastically higher valuations that challenge the idea of "cheap" altcoins.
With Bitcoin dominance climbing to nearly 64% and the market pivoting toward fundamentals, Mow’s message is clear: nominal token price isn’t value—it’s psychology.
#bitcoin #Jan3 #CryptoInvesting #altcoins
Read more: www.ecoinimist.com/2025/04/21/jan3-ceo-says-altcoins-priced-to-trick/
Samson Mow, CEO of Jan3 and outspoken Bitcoin advocate, is sounding the alarm on a psychological trap snaring crypto investors: unit bias.
In a recent post, Mow argued that many investors are misled into thinking low-priced altcoins like XRP, SOL, and ETH are better value than Bitcoin—when in reality, their market caps tell a different story. “Unit bias is absolutely destroying the uninitiated,” Mow wrote, pointing to the cognitive shortcut where people prefer whole units of cheaper tokens over fractional amounts of more valuable ones.
To illustrate the distortion, Mow recalculated major altcoin prices as if they had the same 21 million supply cap as Bitcoin—revealing drastically higher valuations that challenge the idea of "cheap" altcoins.
With Bitcoin dominance climbing to nearly 64% and the market pivoting toward fundamentals, Mow’s message is clear: nominal token price isn’t value—it’s psychology.
#bitcoin #Jan3 #CryptoInvesting #altcoins
Read more: www.ecoinimist.com/2025/04/21/jan3-ceo-says-altcoins-priced-to-trick/
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The CEO of JAN3: The price of Ethereum is exaggerated despite its decline to 2023 levels
‘Samson Mo’, the CEO of ‘JAN3’ and one of the most prominent advocates for Bitcoin, has criticized Ethereum again, considering that it is still overvalued, after its price dropped to $1589, the lowest level since October 2023, following a 5.24% decline in the last 24 hours.
‘Mo’ cited an old tweet he posted in August 2022 when the price of Ethereum was almost similar to today’s price, confirming that the value of the currency has not shown any real progress since then, despite market fluctuations.
This decline comes after a previous rise of 14.26% on Wednesday, coinciding with Bitcoin’s rise of 8.51% due to Trump’s announcement to suspend trade tariffs imposed on 180 countries, which targeted China with tariffs exceeding 100%.
In this context, ‘Mo’ publicly criticized the US trade war with China, pointing out that the high tariffs will lead to increased material costs and a shortage of industrial efficiencies in the United States.
He confirmed that the manufacturing infrastructure is almost absent, which undermines any potential economic benefit from those policies.
#JAN3
#Ethereum #eth #SamsonMow
‘Samson Mo’, the CEO of ‘JAN3’ and one of the most prominent advocates for Bitcoin, has criticized Ethereum again, considering that it is still overvalued, after its price dropped to $1589, the lowest level since October 2023, following a 5.24% decline in the last 24 hours.
‘Mo’ cited an old tweet he posted in August 2022 when the price of Ethereum was almost similar to today’s price, confirming that the value of the currency has not shown any real progress since then, despite market fluctuations.
This decline comes after a previous rise of 14.26% on Wednesday, coinciding with Bitcoin’s rise of 8.51% due to Trump’s announcement to suspend trade tariffs imposed on 180 countries, which targeted China with tariffs exceeding 100%.
In this context, ‘Mo’ publicly criticized the US trade war with China, pointing out that the high tariffs will lead to increased material costs and a shortage of industrial efficiencies in the United States.
He confirmed that the manufacturing infrastructure is almost absent, which undermines any potential economic benefit from those policies.
#JAN3
#Ethereum #eth #SamsonMow
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