ACTIVE

BP→

RUNE

BP WOULD BE$0.8651

MULTIPLIER▲ 1.03x

TARGET MCAP$216.25M

G.MARKETS/PAIR ANALYSIS·

BP→

RUNE· LIVE· as of 15:32 UTC

THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

Q: If Backpack had THORChain's market cap, what would the price be?

If Backpack (BP) had THORChain's (RUNE) current market cap of $216.25M, each BP would be worth approximately $0.8650 based on the circulating supply of 250,000,000 BP. That is 1.03x the current BP price of $0.8377.

Q: What is the current market cap of Backpack?

Backpack (BP) currently has a market cap of $209.40M, ranking #185 by market capitalization. Each BP trades at $0.8377.

Q: What is the current market cap of THORChain?

THORChain (RUNE) currently has a market cap of $216.25M, ranking #183 by market capitalization. Each RUNE trades at $0.6587.

Q: How does BP compare to RUNE?

Backpack's market cap of $209.40M sits slightly above THORChain's $216.25M. For BP to reach RUNE's current valuation, the price would need to move 1.03x from its current level.

Q: Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Backpack's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.

BP WOULD BE

$0.00000000

currently $0.8377 · target mcap $216.25M

#185 · BP$0.8377▼ 5.6%

#183 · RUNE$0.6587▲ 7.9%

▲ 0.00x TO MATCHBP NEEDS A 1.03x MOVE TO MATCH RUNE

COIN PROFILES·BP vs RUNE

BPUnverified

Backpack

SOURCE

All-in-one crypto wallet and exchange.

PRICE$0.8377

24H CHANGE▼ 5.56%

MARKET CAP$209.40MFDV $837.60M · 75% supply locked

RANK#185

SUPPLY250.0M BP

DOMINANCE<0.01%

7d▲ 77.69%

RUNEUnverified

THORChain

TARGET

THORChain is the first cross-chain decentralized exchange (DEX) to swap Bitcoin, without bridges or wrapped assets.

PRICE$0.6587

24H CHANGE▲ 7.85%

MARKET CAP$216.25MFDV $232.90M · 7% supply locked

RANK#183

SUPPLY328.6M RUNE

DOMINANCE<0.01%

7d▲ 33.51%

PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y

SCALE·AREA = MARKET CAP

MARKET CAParea = proportional cap

BP$209.40M

RUNE$216.25M

THE CLIMB

BP→

RUNEMULTIPLIER▲ 1.03xGAP$6.86M

SOURCEBP$209.40M

TARGETRUNE$216.25M

EDGE$212.08M

log scale · mcap in USDSep 22, 2026

BPBackpack

$209.40MSOURCE

EDGE

$212.08M

RUNETHORChain

$216.25MTARGET

mcap in USDSep 22, 2026

BAG SCENARIOS·IF BP HIT RUNE MCAP·TARGET $0.8650

SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN

$10 starter100 BP$83.77$86.50+$2.73

Coffee money1K BP$837.72$865.02+$27.30

Small bag10K BP$8,377.20$8,650.17+$272.97

Real bag100K BP$83,772.00$86,501.66+$2,729.66

Whale bag1M BP$837,720.00$865,016.55+$27,296.55

Generational10M BP$8,377,200.00$8,650,165.52+$272,965.52

FOR CONTEXT

$216.25M compared to the world

NikeNKE

$130.00B

RUNE mcap is 0.2% of Nike

StarbucksSBUX

$100.00B

RUNE mcap is 0.2% of Starbucks

SpotifySPOT

$90.00B

RUNE mcap is 0.2% of Spotify

RobloxRBLX

$30.00B

RUNE mcap is 0.7% of Roblox

RedditRDDT

$25.00B

RUNE mcap is 0.9% of Reddit

SnapchatSNAP

$20.00B

RUNE mcap is 1.1% of Snapchat

RELATED COMPARISONS·OTHER WAYS TO ASK

About this comparison

This page compares the market capitalizations of Backpack (BP) and THORChain (RUNE). With Backpack currently at $0.8377 per coin and a market cap of $209.40M, and THORChain at $0.6587 with a market cap of $216.25M, applying THORChain's market cap to Backpack's circulating supply produces a hypothetical BP price of $0.8650 — a 1.03x move from current.

Backpack: All-in-one crypto wallet and exchange.

THORChain: THORChain is the first cross-chain decentralized exchange (DEX) to swap Bitcoin, without bridges or wrapped assets.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Backpack had THORChain's market cap, what would the price be?

If Backpack (BP) had THORChain's (RUNE) current market cap of $216.25M, each BP would be worth approximately $0.8650 based on the circulating supply of 250,000,000 BP. That is 1.03x the current BP price of $0.8377.

What is the current market cap of Backpack?

Backpack (BP) currently has a market cap of $209.40M, ranking #185 by market capitalization. Each BP trades at $0.8377.

What is the current market cap of THORChain?

THORChain (RUNE) currently has a market cap of $216.25M, ranking #183 by market capitalization. Each RUNE trades at $0.6587.

How does BP compare to RUNE?