Arithmetic on today's supply, not a forecast. It assumes nothing about whether Bitway could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. Bitway has 2,798,917,857 BTW in circulation at $0.5503 each, which is $1.54B. Holding that supply still and putting Ethereum's $307.54B in its place gives $109.8793 per BTW.
This is the huge end of the comparison. Bitway would need $306B 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 BTW at that level, which is the part that actually decides a price.
$109.8793 per BTW. That is Ethereum's current market capitalisation of $307.54B divided across the 2,798,917,857 BTW in circulation.
200x. Bitway trades at $0.5503 today and Ethereum's market cap is $307.54B against Bitway's $1.54B.
No. It is one division: Ethereum's market capitalisation spread over the supply of BTW that exists today. It assumes nothing about whether Bitway 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 $307.54B of market cap spread over more coins gives a lower price per coin. This uses the 2,798,917,857 BTW in circulation now.