Arithmetic on today's supply, not a forecast. It assumes nothing about whether World Liberty Financial could attract that much money.
A coin's market capitalisation is its price multiplied by the number of coins in circulation. World Liberty Financial has 31,767,948,873 WLFI in circulation at $0.0575 each, which is $1.83B. Holding that supply still and putting XRP's $85.4B in its place gives $2.6884 per WLFI.
World Liberty Financial would have to take on $83.58B of new money to get there. A 46.8x 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 WLFI at that level, which is the part that actually decides a price.
$2.6884 per WLFI. That is XRP's current market capitalisation of $85.4B divided across the 31,767,948,873 WLFI in circulation.
46.8x. World Liberty Financial trades at $0.0575 today and XRP's market cap is $85.4B against World Liberty Financial's $1.83B.
No. It is one division: XRP's market capitalisation spread over the supply of WLFI that exists today. It assumes nothing about whether World Liberty Financial 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 $85.4B of market cap spread over more coins gives a lower price per coin. This uses the 31,767,948,873 WLFI in circulation now.