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

How is Bismuth Market Cap calculated?

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

Bismuth Market Capitalization in USD = Number of BIS in supply X Price of one Bismuth in USD

Since the price of Bismuth 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 Bismuth or predict the price of Bismuth.