... what I want to say is that the audio volume of one Continuous Wave signal in BW of 300 Hz is about equal to the SSB signal in the 3kHz BW. Considering the characteristics of a SSB signal.
But you are correct as you have done with this -20dB attenuation in the Digi mode, for instance FT-8, you can have 100 different carriers of a comparable power adding up in the 3 kHz BW (+20dB). But again why would you like to listen to the jam of the Digi modes signals?
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73 Bojan S53DZ