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

How is Waves Community Token Market Cap calculated?

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

Waves Community Token Market Capitalization in USD = Number of WCT in supply X Price of one Waves Community Token in USD

Since the price of Waves Community 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 Waves Community Token or predict the price of Waves Community Token.