JAN3 CEO Analyzes XRP Value Against Bitcoin’s Scarcity

Samson Mow, CEO of JAN3, critiques the perceived low price of XRP by analysing its value against Bitcoin’s capped supply of 21 million coins. He describes the psychological unit bias that misleads investors and calculates that XRP would cost $5,800 per Bitcoin-sized unit. Additionally, he extends this analysis to Ethereum and Solana, arguing that high-supply altcoins may be overvalued compared to Bitcoin, which he continues to champion as the superior investment.

Samson Mow, CEO of JAN3, has raised concerns regarding the valuation of XRP by comparing it to Bitcoin. Mow, a Bitcoin maximalist, challenges the perception of XRP’s pricing, suggesting that when evaluated against Bitcoin’s capped supply, XRP’s current value presents a misleadingly low-cost appearance.

His analysis addresses the psychological phenomenon known as “unit bias,” where investors perceive cryptocurrencies with lower individual prices as better investments, despite potentially higher market capitalisations. For example, Shiba Inu is priced significantly lower than XRP, which misleads potential investors into overlooking essential valuation metrics.

Mow calculates that if XRP were to have the same supply as Bitcoin—limited to 21 million coins—it would theoretically trade at about $5,800 each, derived from its market cap of approximately $122 billion. This contrasts with Bitcoin, which trades at around $85,000, suggesting that XRP may not be as affordable as it seems at its nominal price.

He extends this perspective to Ethereum and Solana, determining that a Bitcoin-sized share of Ethereum would cost about $9,200, while Solana would be approximately $3,400. This further underscores Mow’s argument that high-supply cryptocurrencies may be significantly overvalued compared to Bitcoin’s scarcity.

Mow advises that for the same amount of investment—$5,800—an investor could acquire roughly 0.068 BTC, a more secure and valuable option compared to XRP. He continues to promote Bitcoin as the superior cryptocurrency, denouncing altcoins for their inflated valuations which mask true investment costs.

His prior critiques of Ethereum spot ETFs and market expansions related to mimicking Bitcoin’s growth reinforce his assertions about the limited utility of altcoins in long-term investment strategies. While some proponents predict that XRP could soar to $100, Mow maintains that such potential overstated by its current high supply further emphasizes his arguments against its valuation.