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Sui currently trades at $1.03 with a market cap of $4.24B. Hyperliquid's market cap is $17.94B — 4.23× 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 Sui were valued like Hyperliquid" — 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 Sui's deepest pool.
At Hyperliquid's current market cap of $17.94B, the implied price of Sui is $4.36 per SUI — 4.23× its current price of $1.03.
Implied price = current price × (target market cap ÷ current market cap). Sui's market cap is $4.24B and Hyperliquid's is $17.94B, so the multiplier is 4.23×. 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.