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

How is Switcheo Market Cap calculated?

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

Switcheo Market Capitalization in USD = Number of SWTH in supply X Price of one Switcheo in USD

Since the price of Switcheo 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 Switcheo or predict the price of Switcheo.