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JAN3 CEO: You’d Need $5,800 in XRP to Equal 1 BTC—But It’s Still Not Worth It

  • Samson Mow, CEO of JAN3, analyzed XRP's valuation compared to Bitcoin's supply metrics.
  • Mow argued that if XRP's market value were condensed into 21 million units, matching Bitcoin's supply, each coin would be priced at around $5,800.
  • Mow criticized the cognitive tendency of investors to prefer whole units of cheaper altcoins over fractional shares of more expensive Bitcoin, referring to it as unit bias.
  • Mow predicted a rise in Bitcoin dominance, claiming that altcoins are overvalued and Bitcoin is undervalued.

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