Altcoin Season Delayed – Bitcoin Continues to Outshine Rivals

Bitcoin's grip on the crypto market may be far from over, according to Jan3 CEO and renowned crypto expert Samson Mow.

According to Jan3 CEO and renowned crypto expert Samson Mow, Bitcoin’s grip on the crypto market may be far from over. 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 for the world’s leading cryptocurrency to climb.

In a recent analysis, 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. “What if every altcoin had the same 21 million total supply like Bitcoin?” he asked. In that case, Ethereum would be priced over $9,000, XRP over $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,” Mow stated bluntly.

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Mow claims that many altcoins intentionally exploit unit bias by purposely inflating their token supply, making their prices appear deceptively low to new investors. This strategy, he says, leaves most retail investors largely unaware of what they’re actually purchasing.

He’s not alone in this observation. 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 in an attempt to forge a path to astronomical returns. However, as Mow pointed out, most altcoins would be drastically undervalued if they were subject to the same level of interest and attention as Bitcoin.

Despite previous analyst projections that Bitcoin’s dominance would peak at 60% before altcoins began their decisive rally, the metric has now crossed 63%, according to TradingView. And if anything, Mow expects this figure to rise even further, suggesting that Bitcoin’s market share isn’t likely to top out just yet.

Historically, periods of falling Bitcoin dominance tend to coincide with the start of significant altcoin rallies. But if Mow’s analysis is correct, then the long-anticipated altcoin season may still be further off than many anticipated.

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