In the crypto universe, the “Unit bias” Pushes many investors to favor cheap altcoins to the detriment of bitcoin. According to Samson Mow, this erroneous perception distorts investment decisions and feeds an illusion of value. The dominance of the BTC could thus explode far beyond forecasts!
In short
- Samson Mow denounces the unit bias that pushes beginners to altcoins.
- Investors prefer a whole unit cheap to a fraction of bitcoin.
- MOW recalculates the real value of altcoins by limiting them to 21 million units.
- He accuses projects to inflate their offer to appear cheaper.
- The dominance of bitcoin could still climb thanks to this illusion.
Unit bias destroys newcomers to crypto
Samson Mow, CEO of Jan3, says that “unity bias” is “destroying” new Crypto investors. In a recent post this April 19, 2025, Mow stresses that this psychological error pushes beginners to believe that a cheap altcoin is better than a fraction of bitcoin.
This phenomenon, well known in behavioral economy, suggests that individuals prefer to have an entire unit, even if it has less value. Result: Altcoins with a high total offer seem more attractive than Bitcoin at more than $ 84,000.
Altcoins overvalued without unit?
Mow offers a revealing exercise :: “What would happen if each altcoin was assessed as if its total offer was that of Bitcoin, 21 million?” »» In this scenario, Ethereum would be worth $ 9,200, XRP would climb to $ 5,800 and Solana would reach $ 3,400. Respective increases of +278,000 %, +470 %and +2,300 %.
He thus accuses the majority of Altcoin projects of taking advantage of unit biases to hide their real valuation. “Most create a huge offer to sow confusion. »»
Bitcoin dominance could climb higher
For Mow, the dominance of bitcoin in the Crypto market is far from having reached its summit. Currently at 63.69 %, this metric already exceeds the forecasts of analysts who tabled on a ceiling of 60 % for the end of 2024. In his eyes, this level could further increase, strengthening the position of bitcoin against altcoins.
In the period of high dominance, money flock to bitcoin, delaying the emergence of a new Altseason.
The unit bias remains a formidable trap for Crypto Novices investors. By masking the true value of altcoins, it strengthens the supremacy of the BTC. As this illusion dissipates, the dominance of Bitcoin could still grow, pushing the emergence of a new season of Altcoins.
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