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 588,828,612,922,199 SHIB in circulation at $0.00000526 each, which is $3.1B. Holding that supply still and putting Uniswap's $3.96B in its place gives $0.000006719489 per SHIB.
The two are close in size, so the answer is a 1.28x move. Shiba Inu and Uniswap 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.
$0.000006719489 per SHIB. That is Uniswap's current market capitalisation of $3.96B divided across the 588,828,612,922,199 SHIB in circulation.
1.28x. Shiba Inu trades at $0.00000526 today and Uniswap's market cap is $3.96B against Shiba Inu's $3.1B.
No. It is one division: Uniswap'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 $3.96B of market cap spread over more coins gives a lower price per coin. This uses the 588,828,612,922,199 SHIB in circulation now.