Arithmetic on today's supply, not a forecast. It assumes nothing about whether Cronos could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. Cronos has 48,873,552,452 CRO in circulation at $0.05946 each, which is $2.91B. Holding that supply still and putting NEAR Protocol's $3.07B in its place gives $0.06272546 per CRO.
The two are close in size, so the answer is a 1.05x move. Cronos and NEAR Protocol 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 CRO at that level, which is the part that actually decides a price.
$0.06272546 per CRO. That is NEAR Protocol's current market capitalisation of $3.07B divided across the 48,873,552,452 CRO in circulation.
1.05x. Cronos trades at $0.05946 today and NEAR Protocol's market cap is $3.07B against Cronos's $2.91B.
No. It is one division: NEAR Protocol's market capitalisation spread over the supply of CRO that exists today. It assumes nothing about whether Cronos 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 $3.07B of market cap spread over more coins gives a lower price per coin. This uses the 48,873,552,452 CRO in circulation now.