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

How is InsurePal Market Cap calculated?

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

InsurePal Market Capitalization in USD = Number of IPL in supply X Price of one InsurePal in USD

Since the price of InsurePal 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 InsurePal or predict the price of InsurePal.