Samson Mow, a well-known Bitcoin maximalist and CEO of JAN3, has issued a bold warning to Ethereum (ETH) holders, urging them to sell their altcoins and buy Bitcoin before it’s too late. In a recent tweet, Mow advised investors to make the switch, claiming that Ethereum’s underperformance compared to Bitcoin is a sign that similar fates await other cryptocurrencies.

Mow’s advice to “sell it and buy Bitcoin while you still can” echoes his strong belief that Bitcoin is the only digital asset that will continue to rise in value. He referred to Ethereum’s current struggles as a clear example of the eventual fate awaiting all altcoins.

Bitcoin’s Path to $1 Million: Mow’s Bold Forecast

In addition to his warning about Ethereum, Mow also doubled down on his Bitcoin price prediction, stating that the leading cryptocurrency could reach $1 million in the current market cycle. While this may sound extreme to some, Mow sees it as entirely plausible, especially in light of recent events like Bitcoin’s surge past $94,000.

Mow’s prediction stems from his previous assertion that a Bitcoin supply shock would take place, coinciding with a demand shock driven by the approval of Bitcoin spot ETFs. The combination of these factors, he argues, will send Bitcoin’s price High.

The Ethereum Struggle: A Sign for Altcoin Holders

As Bitcoin continues to outperform Ethereum, Mow’s message is clear: Ethereum’s underperformance in comparison to Bitcoin should be a wake-up call for altcoin investors. This week, Ethereum, the second-largest cryptocurrency by market cap, has faced difficulty keeping up with Bitcoin’s rise. Meanwhile, Billy Markus, the co-founder of Dogecoin, also pointed out that ETH has been lagging behind Bitcoin and Dogecoin in terms of price performance.

However, not everyone shares Mow’s pessimistic view of Ethereum. Cryptocurrency analyst Ali Martinez believes that Ethereum is about to catch up with Bitcoin, predicting that ETH could soon test $4,000 to $6,000 and potentially reach $10,000 in the coming months. Despite this optimistic outlook, Mow’s argument remains that Bitcoin’s dominance will continue to grow while altcoins like Ethereum struggle.

Bitcoin Supply Shock and the $1 Million Price Tag

Mow has been vocal about his prediction of a Bitcoin supply shock for some time. He believes that the Bitcoin halving, which reduces the rewards miners receive, will drastically reduce the supply of new Bitcoin entering circulation. When combined with increased demand—thanks to institutional investment, the rise of Bitcoin ETFs, and the global economic situation—he argues that Bitcoin will experience a massive price surge, potentially hitting the $1 million mark.

With Bitcoin’s price already exceeding $94,000, Mow’s prediction seems to be gaining more attention. In a tweet, Mow responded to critics who dismissed his $1 million Bitcoin prediction as “crazy.” He pointed out that while U.S. national debt has soared to $36 trillion, the idea of Bitcoin reaching $1 million should not be considered far-fetched, especially given the economic landscape.

Mow’s Take on the Future of Bitcoin

For Mow, the future of Bitcoin is clear. In his eyes, Bitcoin is the future of money, and he sees no other cryptocurrency matching its potential. He urges investors to look beyond the volatility of altcoins and focus on Bitcoin’s long-term value. With Bitcoin consistently outperforming Ethereum and other altcoins, Mow believes that now is the time to make the switch before the price rises beyond reach.

A Warning to Altcoin Enthusiasts

For Ethereum and altcoin enthusiasts, Mow’s message may seem harsh, but it’s one that aligns with his long-held beliefs as a Bitcoin maximalist. As he watches Bitcoin’s dominance grow, he’s convinced that those who don’t jump on board now will regret it in the future. While altcoins may experience temporary surges, Mow believes Bitcoin’s position as the dominant cryptocurrency will only strengthen in the coming years.

Conclusion: Is Bitcoin Really on Track for $1 Million?

Samson Mow’s forecast of Bitcoin reaching $1 million may seem extraordinary, but given Bitcoin’s performance and growing institutional interest, it’s not entirely out of the realm of possibility. As the global financial landscape shifts, Bitcoin’s role as a hedge against inflation and a store of value is becoming more pronounced.

For those holding Ethereum or other altcoins, Mow’s warning to “sell and buy Bitcoin” serves as a reminder of the importance of understanding the broader cryptocurrency market dynamics. With Bitcoin’s potential only increasing, it may be wise for investors to consider their options carefully.