Arithmetic on today's supply, not a forecast. It assumes nothing about whether Uniswap could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. Uniswap has 620,161,039 UNI in circulation at $6.3800 each, which is $3.96B. Holding that supply still and putting Cardano's $7.62B in its place gives $12.2858 per UNI.
The two are close in size, so the answer is a 1.93x move. Uniswap and Cardano 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 UNI at that level, which is the part that actually decides a price.
$12.2858 per UNI. That is Cardano's current market capitalisation of $7.62B divided across the 620,161,039 UNI in circulation.
1.93x. Uniswap trades at $6.3800 today and Cardano's market cap is $7.62B against Uniswap's $3.96B.
No. It is one division: Cardano's market capitalisation spread over the supply of UNI that exists today. It assumes nothing about whether Uniswap 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 $7.62B of market cap spread over more coins gives a lower price per coin. This uses the 620,161,039 UNI in circulation now.