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

How is Ignition Market Cap calculated?

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

Ignition Market Capitalization in USD = Number of IC in supply X Price of one Ignition in USD

Since the price of Ignition 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 Ignition or predict the price of Ignition.