Ethereum At $9,200, XRP At $5,800, And Solana At $3,400? 🤔
Analyst Says: Not Possible! 🚫📉
Crypto prices are grinding through a slow recovery in the past 48 hours, with #Bitcoin 🚀 leading the charge while most altcoins lag behind. In a recent post on X (formerly Twitter), Bitcoin maxi and JAN3 CEO Samson Mow dropped a reality check on altcoin expectations.
He called out the unit bias — the idea that cheaper coins feel more “affordable” — and showed how it can mislead investors.
Let’s Talk Numbers 🔢
Mow imagined altcoins like $ETH, $XRP, and $SOL with the same supply cap as Bitcoin (21M). Here's how they would look:
Ethereum: $9,200
XRP: $5,800
Solana: $3,400
Sounds wild? That’s the point. These numbers highlight how unrealistic such valuations are based on current supply and market cap. It also shows how Bitcoin’s scarcity sets it apart. 🪙
Bitcoin Dominance Strengthening 🧱
With ETFs and TradFi adoption increasing, the narrative for Bitcoin dominance is getting stronger. It's currently sitting at a yearly high of 63.5%, and according to Mow, this trend could continue.
However, not everyone agrees. Some analysts believe a new altcoin season is coming, and that BTC dominance could dip to 40% in the coming months. 📉⚔️
Current Prices (at time of writing):
BTC: $88,530 (+1.3%)
ETH: $1,620 (-1.5%)
SOL: $140 (-0.5%)
XRP: $2.09 (-1.63%)
What do you think — are altcoins overhyped, or is the next alt season just warming up?
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