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

How is IoT Chain Market Cap calculated?

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

IoT Chain Market Capitalization in USD = Number of ITC in supply X Price of one IoT Chain in USD

Since the price of IoT Chain 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 IoT Chain or predict the price of IoT Chain.