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 36,853,954,918 ADA in circulation at $0.2077 each, which is $7.65B. Holding that supply still and putting Dogecoin's $13.23B in its place gives $0.35887142 per ADA.
The two are close in size, so the answer is a 1.73x move. Cardano and Dogecoin are within a factor of two of each other by market capitalisation.
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.
$0.35887142 per ADA. That is Dogecoin's current market capitalisation of $13.23B divided across the 36,853,954,918 ADA in circulation.
1.73x. Cardano trades at $0.2077 today and Dogecoin's market cap is $13.23B against Cardano's $7.65B.
No. It is one division: Dogecoin'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 $13.23B of market cap spread over more coins gives a lower price per coin. This uses the 36,853,954,918 ADA in circulation now.