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

How is Hedge Token Market Cap calculated?

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

Hedge Token Market Capitalization in USD = Number of HDG in supply X Price of one Hedge Token in USD

Since the price of Hedge Token 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 Hedge Token or predict the price of Hedge Token.