What would Gram (prev. Toncoin) be worth at Stellar's market cap?

$2.2570 1.66x from $1.3630 today

Arithmetic on today's supply, not a forecast. It assumes nothing about whether Gram (prev. Toncoin) could attract that much money.

How the figure is worked out

The arithmetic

A coin's market capitalisation is its price multiplied by the number of coins in circulation. Gram (prev. Toncoin) has 2,790,974,420 GRAM in circulation at $1.3630 each, which is $3.8B. Holding that supply still and putting Stellar's $6.3B in its place gives $2.2570 per GRAM.

What the multiple means

The two are close in size, so the answer is a 1.66x move. Gram (prev. Toncoin) and Stellar are within a factor of two of each other by market capitalisation.

What it leaves out

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.

Frequently asked

What would GRAM be worth at XLM's market cap?

$2.2570 per GRAM. That is Stellar's current market capitalisation of $6.3B divided across the 2,790,974,420 GRAM in circulation.

How many times is that above the current GRAM price?

1.66x. Gram (prev. Toncoin) trades at $1.3630 today and Stellar's market cap is $6.3B against Gram (prev. Toncoin)'s $3.8B.

Is this a price prediction?

No. It is one division: Stellar'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.

Does the supply of GRAM change the answer?

It sets it. Market cap is price times circulating supply, so the same $6.3B of market cap spread over more coins gives a lower price per coin. This uses the 2,790,974,420 GRAM in circulation now.

Market data and analytics only. This page is arithmetic on published figures, not a forecast, a valuation or advice, and no coin on it is endorsed or vetted by us. Crypto trading carries a risk of total loss. See our Terms.