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

$0.08734215 1.16x from $0.07555 today

Arithmetic on today's supply, not a forecast. It assumes nothing about whether Hedera 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. Hedera has 43,623,190,080 HBAR in circulation at $0.07555 each, which is $3.3B. Holding that supply still and putting Gram (prev. Toncoin)'s $3.81B in its place gives $0.08734215 per HBAR.

What the multiple means

The two are close in size, so the answer is a 1.16x move. Hedera and Gram (prev. Toncoin) 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 HBAR at that level, which is the part that actually decides a price.

Frequently asked

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

$0.08734215 per HBAR. That is Gram (prev. Toncoin)'s current market capitalisation of $3.81B divided across the 43,623,190,080 HBAR in circulation.

How many times is that above the current HBAR price?

1.16x. Hedera trades at $0.07555 today and Gram (prev. Toncoin)'s market cap is $3.81B against Hedera's $3.3B.

Is this a price prediction?

No. It is one division: Gram (prev. Toncoin)'s market capitalisation spread over the supply of HBAR that exists today. It assumes nothing about whether Hedera could attract that much money, and it holds the supply still when in practice supply changes.

Does the supply of HBAR change the answer?

It sets it. Market cap is price times circulating supply, so the same $3.81B of market cap spread over more coins gives a lower price per coin. This uses the 43,623,190,080 HBAR 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.