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