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PAX Gold currently trades at $4026.03 with a market cap of $1.78B. Avalanche's market cap is $4.13B — 2.32× 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 PAX Gold were valued like Avalanche" — 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 PAX Gold's deepest pool.
At Avalanche's current market cap of $4.13B, the implied price of PAX Gold is $9343.64 per PAXG — 2.32× its current price of $4026.03.
Implied price = current price × (target market cap ÷ current market cap). PAX Gold's market cap is $1.78B and Avalanche's is $4.13B, so the multiplier is 2.32×. 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.