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

How is Nexus Market Cap calculated?

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

Nexus Market Capitalization in USD = Number of NXS in supply X Price of one Nexus in USD

Since the price of Nexus 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 Nexus or predict the price of Nexus.