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Janus Henderson Anemoy Treasury Fund currently trades at $1.12 with a market cap of $799.66M. Pepe's market cap is $1.52B — 1.90× 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 Janus Henderson Anemoy Treasury Fund were valued like Pepe" — 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 Janus Henderson Anemoy Treasury Fund's deepest pool.
At Pepe's current market cap of $1.52B, the implied price of Janus Henderson Anemoy Treasury Fund is $2.13 per JTRSY — 1.90× its current price of $1.12.
Implied price = current price × (target market cap ÷ current market cap). Janus Henderson Anemoy Treasury Fund's market cap is $799.66M and Pepe's is $1.52B, so the multiplier is 1.90×. 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.