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.
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 to climb.
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. He posed a hypothetical: what if every altcoin had the same 21 million total supply as Bitcoin? In that case, Ethereum would be priced over $9,000, XRP near $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,” he stated bluntly.
READ MORE:
DOGE Hits $0.1550 Wall, SHIB Whales Accumulate 874B, BlockDAG X1 Miner Tops 1M Users & $215M Presale
Mow claims that many altcoins intentionally exploit unit bias by inflating their token supply, making their prices look deceptively affordable. This tactic, he says, leaves most retail investors unaware of what they’re actually buying.
He’s not alone in this view. 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.
Despite previous analyst projections that Bitcoin’s dominance would peak at 60% before altcoins gained momentum, the metric has now crossed 63%, according to TradingView. Mow expects this figure to rise even further, suggesting that Bitcoin’s market share hasn’t topped out just yet.
Historically, Bitcoin dominance tends to fall before altcoin rallies begin—but if Mow is right, the long-anticipated altcoin season could be further off than many anticipated.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
