• Market Cap: $266b

  • May 07, 2024

Shekel Market Capitalization Chart with Historical Shekel Market Cap

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

How is Shekel Market Cap calculated?

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

Shekel Market Capitalization in USD = Number of JEW in supply X Price of one Shekel in USD

Since the price of Shekel 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 Shekel or predict the price of Shekel.