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