Bitcoiner Samson Mow revealed a tweet, suggesting that even when high altcoins had a complete coin provide just like that of Bitcoin, BTC would nonetheless beat them by way of worth per coin.
Mow acknowledged that almost all altcoins are profiting from the so-called unit bias – a psychological impact which seems since on account of their large provides of billions and typically even trillions on cash the worth per one coin appears cheaper than that of 1 BTC.
If this bias is eliminated, he says, then mathematically, these altcoins needs to be price a number of thousand of {dollars} every. However Mow doesn’t imagine in these theoretical figures, saying that Bitcoin would nonetheless have a a lot greater market dominance.
“No manner XRP is price $5,800”
Mow steered that if this bias is eliminated, XRP would value $5,800, SOL can be buying and selling at $3,400, and ETH at $9,200. He defined that these figures could be calculated “by taking the market cap of the alts and dividing by 21 million, thus framing their provide by way of Bitcoin provide.”
For instance, he reveals, ETH: $193B market cap / 21M = $9,200. Most altcoins, Mow claims, reap the benefits of this unit bias “by using a really excessive provide, so folks cannot work out what they’re shopping for.”
Many imagine that purchasing one XRP for $2, for instance, is less expensive than shopping for Bitcoin at $85,000, he says, including that “unit bias is totally destroying the uninitiated.”
These numbers are calculated by taking the market cap of the alts and dividing by 21 million, thus framing their provide by way of Bitcoin provide.
ETH: $193B market cap / 21M = $9,200
As a substitute of shopping for that one twenty-one millionth of Etherium, you may purchase simply 0.11 BTC.
— Samson Mow (@Excellion) April 19, 2025
Lastly, he stated in actuality there’s “no manner these alts are price that a lot.”
New identify for 1-21-millionth provide unit proposed by Mow
Persevering with the subject raised within the above-mentioned tweet, Mow steered that maybe one twenty-one millionth provide unit of any coin wants a reputation. He harassed that this isn’t widespread data, however proper now, 10 Sats are referred to as one Finney (after Hal Finney, an early Bitcoin contributor).
Simply considering that we want a greater identify for one twenty-one millionth.
We must always use Finney for that. Proper now it is unusual, however a Finney outlined as 10 sats – I wager you did not even know that. Nobody wants a unit for 10 sats. However we do want a straightforward to manner discuss with 1/21… https://t.co/yTMGpXVIbi
— Samson Mow (@Excellion) April 19, 2025
However since hardly anyone wants a unit for 10 Sats. Subsequently, Mow suggests, utilizing this identify to outline one twenty-one millionth provide unit not solely of Bitcoin however of every giant altcoin and gold as effectively. Subsequently, he says, “A Finney of Bitcoin = $85,000 (for now). A Finney of ETH = $9,200. A Finney of gold = $1,000,000.” Samson requested the neighborhood to share what they consider this concept.
