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

How is Elastos Market Cap calculated?

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

Elastos Market Capitalization in USD = Number of ELA in supply X Price of one Elastos in USD

Since the price of Elastos 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 Elastos or predict the price of Elastos.