Arithmetic on today's supply, not a forecast. It assumes nothing about whether Cardano could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. Cardano has 36,665,922,016 ADA in circulation at $0.2078 each, which is $7.62B. Holding that supply still and putting Bitcoin's $1.55T in its place gives $42.2843 per ADA.
This is the huge end of the comparison. Cardano would need $1.54T more than it carries today, and at that size it would be one of the largest assets in the world, crypto or otherwise.
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 ADA at that level, which is the part that actually decides a price.
$42.2843 per ADA. That is Bitcoin's current market capitalisation of $1.55T divided across the 36,665,922,016 ADA in circulation.
203x. Cardano trades at $0.2078 today and Bitcoin's market cap is $1.55T against Cardano's $7.62B.
No. It is one division: Bitcoin's market capitalisation spread over the supply of ADA that exists today. It assumes nothing about whether Cardano 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 $1.55T of market cap spread over more coins gives a lower price per coin. This uses the 36,665,922,016 ADA in circulation now.