Arithmetic on today's supply, not a forecast. It assumes nothing about whether Shiba Inu could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. Shiba Inu has 591,035,669,298,805 SHIB in circulation at $0.00000525 each, which is $3.1B. Holding that supply still and putting Canton's $3.88B in its place gives $0.000006569734 per SHIB.
The two are close in size, so the answer is a 1.25x move. Shiba Inu and Canton 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 SHIB at that level, which is the part that actually decides a price.
$0.000006569734 per SHIB. That is Canton's current market capitalisation of $3.88B divided across the 591,035,669,298,805 SHIB in circulation.
1.25x. Shiba Inu trades at $0.00000525 today and Canton's market cap is $3.88B against Shiba Inu's $3.1B.
No. It is one division: Canton's market capitalisation spread over the supply of SHIB that exists today. It assumes nothing about whether Shiba Inu 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 $3.88B of market cap spread over more coins gives a lower price per coin. This uses the 591,035,669,298,805 SHIB in circulation now.