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Figure Heloc currently trades at $1.05 with a market cap of $23.52B. Ethereum's market cap is $306.64B — 13.04× larger. Here's what that gap means per token:
The implied price is current price × (target market cap ÷ current market cap), holding circulating supply constant. It answers "what if Figure Heloc were valued like Ethereum" — it does not predict price, and it says nothing about the capital inflow required to get there. For that, PumpMath's volume calculator walks the actual AMM liquidity curve (x·y=k) of Figure Heloc's deepest pool.
At Ethereum's current market cap of $306.64B, the implied price of Figure Heloc is $13.76 per FIGR_HELOC — 13.04× its current price of $1.05.
Implied price = current price × (target market cap ÷ current market cap). Figure Heloc's market cap is $23.52B and Ethereum's is $306.64B, so the multiplier is 13.04×. The calculation assumes circulating supply stays constant.
Market cap comparisons show relative scale, not likelihood. Reaching a larger market cap requires sustained net capital inflow; the buy volume needed depends on liquidity, which you can estimate with PumpMath's volume calculator.