Arithmetic on today's supply, not a forecast. It assumes nothing about whether Sui could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. Sui has 4,085,083,602 SUI in circulation at $0.725 each, which is $2.96B. Holding that supply still and putting Canton's $3.9B in its place gives $0.95420153 per SUI.
The two are close in size, so the answer is a 1.32x move. Sui 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 SUI at that level, which is the part that actually decides a price.
$0.95420153 per SUI. That is Canton's current market capitalisation of $3.9B divided across the 4,085,083,602 SUI in circulation.
1.32x. Sui trades at $0.725 today and Canton's market cap is $3.9B against Sui's $2.96B.
No. It is one division: Canton's market capitalisation spread over the supply of SUI that exists today. It assumes nothing about whether Sui 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 $3.9B of market cap spread over more coins gives a lower price per coin. This uses the 4,085,083,602 SUI in circulation now.