Arithmetic on today's supply, not a forecast. It assumes nothing about whether MemeCore could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. MemeCore has 2,259,195,457 M in circulation at $1.1821 each, which is $2.67B. Holding that supply still and putting TRON's $32.23B in its place gives $14.2654 per M.
MemeCore would have to take on $29.56B of new money to get there. A 12.1x move is large: it happens, and it usually needs the whole market to grow instead of one coin to take share from another.
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 M at that level, which is the part that actually decides a price.
$14.2654 per M. That is TRON's current market capitalisation of $32.23B divided across the 2,259,195,457 M in circulation.
12.1x. MemeCore trades at $1.1821 today and TRON's market cap is $32.23B against MemeCore's $2.67B.
No. It is one division: TRON's market capitalisation spread over the supply of M that exists today. It assumes nothing about whether MemeCore 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 $32.23B of market cap spread over more coins gives a lower price per coin. This uses the 2,259,195,457 M in circulation now.