You can check out above graph to see how the market cap of Ellaism has changed over time.
The market cap value depends on the value of Ellaism on that particular day and number
of Ellaism in supply at that day.
How is Ellaism Market Cap calculated?
The Ellaism Market cap is calculated using a simple formula. You can find it below:
Ellaism Market Capitalization in USD = Number of ELLA in supply X
Price of one Ellaism in USD
Since the price of Ellaism 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 Ellaism or
predict the price of Ellaism.