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

How is Republic Token Market Cap calculated?

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

Republic Token Market Capitalization in USD = Number of REN in supply X Price of one Republic Token in USD

Since the price of Republic Token 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 Republic Token or predict the price of Republic Token.