You can check out above graph to see how the market cap of CounterParty has changed over time. The market cap value depends on the value of CounterParty on that particular day and number of CounterParty in supply at that day.

How is CounterParty Market Cap calculated?

The CounterParty Market cap is calculated using a simple formula. You can find it below:

CounterParty Market Capitalization in USD = Number of XCP in supply X Price of one CounterParty in USD

Since the price of CounterParty is highly volatile you can see the market cap going up and down a lot. Sometimes price and market cap are not linear to each other due to increase in the supply of coins in the market and stable or decrease in the price of the coin. So you can say that it's not simple to predict the market cap of CounterParty or predict the price of CounterParty.