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Lighter currently trades at $4.63 with a market cap of $1.16B. Dogecoin's market cap is $14.16B — 12.23× 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 Lighter were valued like Dogecoin" — 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 Lighter's deepest pool.
At Dogecoin's current market cap of $14.16B, the implied price of Lighter is $56.62 per LIT — 12.23× its current price of $4.63.
Implied price = current price × (target market cap ÷ current market cap). Lighter's market cap is $1.16B and Dogecoin's is $14.16B, so the multiplier is 12.23×. 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.