Arithmetic on today's supply, not a forecast. It assumes nothing about whether TRON could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. TRON has 94,895,628,517 TRX in circulation at $0.3397 each, which is $32.24B. Holding that supply still and putting Bitcoin's $1.55T in its place gives $16.3359 per TRX.
TRON would have to take on $1.52T of new money to get there. A 48.1x 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 TRX at that level, which is the part that actually decides a price.
$16.3359 per TRX. That is Bitcoin's current market capitalisation of $1.55T divided across the 94,895,628,517 TRX in circulation.
48.1x. TRON trades at $0.3397 today and Bitcoin's market cap is $1.55T against TRON's $32.24B.
No. It is one division: Bitcoin's market capitalisation spread over the supply of TRX that exists today. It assumes nothing about whether TRON 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 $1.55T of market cap spread over more coins gives a lower price per coin. This uses the 94,895,628,517 TRX in circulation now.