Arithmetic on today's supply, not a forecast. It assumes nothing about whether NEAR Protocol could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. NEAR Protocol has 1,309,162,628 NEAR in circulation at $2.3060 each, which is $3.02B. Holding that supply still and putting OKB's $2.39B in its place gives $1.8282 per NEAR.
NEAR Protocol is already worth more than OKB. Moving to the smaller cap would take NEAR down to $1.8282, which is 0.793x of what it trades at now.
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 NEAR at that level, which is the part that actually decides a price.
$1.8282 per NEAR. That is OKB's current market capitalisation of $2.39B divided across the 1,309,162,628 NEAR in circulation.
0.793x. NEAR Protocol trades at $2.3060 today and OKB's market cap is $2.39B against NEAR Protocol's $3.02B.
No. It is one division: OKB's market capitalisation spread over the supply of NEAR that exists today. It assumes nothing about whether NEAR Protocol 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 $2.39B of market cap spread over more coins gives a lower price per coin. This uses the 1,309,162,628 NEAR in circulation now.