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

How is Token as a Service Market Cap calculated?

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

Token as a Service Market Capitalization in USD = Number of TAAS in supply X Price of one Token as a Service in USD

Since the price of Token as a Service 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 Token as a Service or predict the price of Token as a Service.