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

How is Covesting Market Cap calculated?

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

Covesting Market Capitalization in USD = Number of COV in supply X Price of one Covesting in USD

Since the price of Covesting 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 Covesting or predict the price of Covesting.