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

How is Syndicate Market Cap calculated?

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

Syndicate Market Capitalization in USD = Number of SYNX in supply X Price of one Syndicate in USD

Since the price of Syndicate 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 Syndicate or predict the price of Syndicate.