LIVE
BTC$63,138.00 0.97%ETH$1,782.54 1.51%USDT$0.9992 0.01%BNB$576.20 0.61%USDC$0.9999 0.00%XRP$1.16 2.79%SOL$81.80 0.51%TRX$0.3255 0.88%FIGR_HELOC$1.01 0.00%HYPE$69.97 1.07%DOGE$0.0778 0.31%RAIN$0.0154 0.36%USDS$0.9998 0.00%LEO$9.16 0.07%ZEC$466.65 0.62%ADA$0.1916 6.78%XLM$0.2068 1.24%WBT$57.06 0.77%XMR$328.66 1.65%LINK$8.01 0.87%CC$0.1398 0.00%GRAM$1.79 6.83%LAB$15.24 153.82%BCH$234.20 2.07%DAI$0.9998 0.02%USD1$0.9992 0.00%USDE$0.9986 0.00%LTC$44.98 0.38%HBAR$0.0765 4.32%SUI$0.7676 0.25%BTC$63,138.00 0.97%ETH$1,782.54 1.51%USDT$0.9992 0.01%BNB$576.20 0.61%USDC$0.9999 0.00%XRP$1.16 2.79%SOL$81.80 0.51%TRX$0.3255 0.88%FIGR_HELOC$1.01 0.00%HYPE$69.97 1.07%DOGE$0.0778 0.31%RAIN$0.0154 0.36%USDS$0.9998 0.00%LEO$9.16 0.07%ZEC$466.65 0.62%ADA$0.1916 6.78%XLM$0.2068 1.24%WBT$57.06 0.77%XMR$328.66 1.65%LINK$8.01 0.87%CC$0.1398 0.00%GRAM$1.79 6.83%LAB$15.24 153.82%BCH$234.20 2.07%DAI$0.9998 0.02%USD1$0.9992 0.00%USDE$0.9986 0.00%LTC$44.98 0.38%HBAR$0.0765 4.32%SUI$0.7676 0.25%
G.MARKETS/PAIR ANALYSIS·Metaplex logoMPLXTether logoUSDT· LIVE· as of 22:59 UTC
THE ORIGINAL G.MARKETS CALCULATION

If had 's mcap

MPLX WOULD BE
$0.00000000
currently $0.0511 · target mcap $184.14B
MULTIPLIER
0.00x

MPLX needs a 7.0Kx move to match USDT's valuation

REALITY CHECKAt MPLX's current 24h rate of +41.39%, compounding daily would take ~26 days to reach USDT's market cap.
COIN PROFILES·MPLX vs USDT
Metaplex logo
Metaplex
SOURCE

Metaplex (MPLX) is the standard for launching tokens and NFTs on Solana.

PRICE$0.0511
24H CHANGE 41.39%
MARKET CAP$26.03MFDV $50.68M · 49% supply locked
RANK#708
SUPPLY513.6M MPLX
DOMINANCE<0.01%
VS
Tether logo
USDTVerified by G.MARKETS
Tether
TARGET

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

PRICE$0.9992
24H CHANGE 0.01%
MARKET CAP$184.14BFDV $189.60B · 3% supply locked
RANK#3
SUPPLY184.3B USDT
DOMINANCE6.14%
7d 0.03%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
7.1Kx bigger
MPLX$26.03M
USDT$184.14B
THE CLIMBMetaplex logoMPLXTether logoUSDTMULTIPLIER 7.1KxGAP$184.11B
$100.00M$1.00B$10.00B$100.00B
Metaplex logo
SOURCEMPLX$26.03M
Tether logo
TARGETUSDT$184.14B
Saturn Dollar logo
USDAT$109.45M
BCGame Coin logo
BC$121.25M
EUR CoinVertible logo
EURCV$142.88M
EigenCloud (prev. EigenLayer) logo
EIGEN$174.25M
The Graph logo
GRT$203.22M
Conflux logo
CFX$238.91M
First Digital USD logo
FDUSD$349.34M
TrueUSD logo
TUSD$493.43M
Ethena logo
ENA$732.86M
DeXe logo
DEXE$1.09B
MemeCore logo
M$1.84B
Bitcoin Cash logo
BCH$4.69B
log scale · mcap in USDJul 4, 2026
Metaplex logo
MPLXMetaplex
$26.03MSOURCE
Saturn Dollar logo
USDAT
$109.45M
BCGame Coin logo
BC
$121.25M
EUR CoinVertible logo
EURCV
$142.88M
EigenCloud (prev. EigenLayer) logo
EIGEN
$174.25M
The Graph logo
GRT
$203.22M
Conflux logo
CFX
$238.91M
First Digital USD logo
FDUSD
$349.34M
TrueUSD logo
TUSD
$493.43M
Ethena logo
ENA
$732.86M
DeXe logo
DEXE
$1.09B
MemeCore logo
M
$1.84B
Bitcoin Cash logo
BCH
$4.69B
Tether logo
USDTTether
$184.14BTARGET
mcap in USDJul 4, 2026
BAG SCENARIOS·IF MPLX HIT USDT MCAP·TARGET $358.53
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 MPLX$5.11$35,853.45+$35,848.34
Coffee money1K MPLX$51.09$358,534.46+$358,483.38
Small bag10K MPLX$510.85$3,585,344.63+$3,584,833.78
Real bag100K MPLX$5,108.50$35,853,446.28+$35,848,337.78
Whale bag1M MPLX$51,085.00$358,534,462.84+$358,483,377.84
Generational10M MPLX$510,850.00$3,585,344,628.37+$3,584,833,778.37
$184.14B compared to the world
UnitedHealthUNH
$450.00B
USDT mcap is 40.9% of UnitedHealth
NetflixNFLX
$380.00B
USDT mcap is 48.5% of Netflix
UberUBER
$160.00B
USDT mcap is 1.15× Uber
NikeNKE
$130.00B
USDT mcap is 1.42× Nike
StarbucksSBUX
$100.00B
USDT mcap is 1.84× Starbucks
SpotifySPOT
$90.00B
USDT mcap is 2.05× Spotify

About this comparison

This page compares the market capitalizations of Metaplex (MPLX) and Tether (USDT). With Metaplex currently at $0.0511 per coin and a market cap of $26.03M, and Tether at $0.9992 with a market cap of $184.14B, applying Tether's market cap to Metaplex's circulating supply produces a hypothetical MPLX price of $358.53 — a 7.0Kx move from current.

Metaplex: Metaplex (MPLX) is the standard for launching tokens and NFTs on Solana.

Tether: Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S.

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

Frequently asked

If Metaplex had Tether's market cap, what would the price be?

If Metaplex (MPLX) had Tether's (USDT) current market cap of $184.14B, each MPLX would be worth approximately $358.53 based on the circulating supply of 513,592,340 MPLX. That is 7.0Kx the current MPLX price of $0.0511.

What is the current market cap of Metaplex?

Metaplex (MPLX) currently has a market cap of $26.03M, ranking #708 by market capitalization. Each MPLX trades at $0.0511.

What is the current market cap of Tether?

Tether (USDT) currently has a market cap of $184.14B, ranking #3 by market capitalization. Each USDT trades at $0.9992.

How does MPLX compare to USDT?

Metaplex's market cap of $26.03M sits orders of magnitude beyond Tether's $184.14B. For MPLX to reach USDT's current valuation, the price would need to move 7.0Kx from its current level.

Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Metaplex'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.