Arithmetic on today's supply, not a forecast. It assumes nothing about whether Aave could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. Aave has 15,497,040 AAVE in circulation at $127.0800 each, which is $1.97B. Holding that supply still and putting Stellar's $6.3B in its place gives $406.4774 per AAVE.
A 3.20x move is modest, and a coin this far down the table reaching the one above it is the ordinary shape of a cycle, not an outlier.
Supply is held still, and in practice it moves: coins are minted, burned and unlocked, and every one of those changes the price a given market capitalisation implies. The figure also says nothing about whether the money exists to buy AAVE at that level, which is the part that actually decides a price.
$406.4774 per AAVE. That is Stellar's current market capitalisation of $6.3B divided across the 15,497,040 AAVE in circulation.
3.20x. Aave trades at $127.0800 today and Stellar's market cap is $6.3B against Aave's $1.97B.
No. It is one division: Stellar's market capitalisation spread over the supply of AAVE that exists today. It assumes nothing about whether Aave could attract that much money, and it holds the supply still when in practice supply changes.
It sets it. Market cap is price times circulating supply, so the same $6.3B of market cap spread over more coins gives a lower price per coin. This uses the 15,497,040 AAVE in circulation now.