Arithmetic on today's supply, not a forecast. It assumes nothing about whether Gram (prev. Toncoin) could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. Gram (prev. Toncoin) has 2,781,657,961 GRAM in circulation at $1.3640 each, which is $3.79B. Holding that supply still and putting Bitcoin Cash's $4.51B in its place gives $1.6225 per GRAM.
The two are close in size, so the answer is a 1.19x move. Gram (prev. Toncoin) and Bitcoin Cash 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 GRAM at that level, which is the part that actually decides a price.
$1.6225 per GRAM. That is Bitcoin Cash's current market capitalisation of $4.51B divided across the 2,781,657,961 GRAM in circulation.
1.19x. Gram (prev. Toncoin) trades at $1.3640 today and Bitcoin Cash's market cap is $4.51B against Gram (prev. Toncoin)'s $3.79B.
No. It is one division: Bitcoin Cash's market capitalisation spread over the supply of GRAM that exists today. It assumes nothing about whether Gram (prev. Toncoin) 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 $4.51B of market cap spread over more coins gives a lower price per coin. This uses the 2,781,657,961 GRAM in circulation now.