Convert Macedonian Denar MKD to Sommelier SOMM

MKD

About Sommelier

Sommelier is climbing this week. The current price of Sommelier is MKD 0.0209 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MKD 7,709,174.88. The amount of Sommelier traded has risen by MKD 19,456.35 in the last 24 hours, which is a 45.54% increase. Additionally, in the last day, MKD 42,724.64 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is MKD 0.0209 MKD. In other words, to buy 5 Sommelier, it would cost you MKD 0.10451 MKD. Inversely, MKD 1.00 MKD would allow you to trade for 47.84 SOMM while MKD 50.00 MKD would convert to 2,392.01 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 11.47%. Meanwhile, in the last 24 hours, the rate has changed by 11.3%, and that the highest exchange rate of 1 SOMM to MKD was MKD 0.02697 MKD and the lowest 24 hour value was 1 SOMM for MKD 0.01812 MKD. Last month, 1 SOMM was worth MKD 0.02281 MKD. Today, it's down 10.62%. Looking back a year, Sommelier has changed by MKD 0.05373 MKD. That means that in a single year, the value of Sommelier has shrank by 60.97%.

Sommelier Market Stats

Sommelier is a non-custodial, cross-chain platform for executing actively-managed DeFi investment strategies. Community members can create Cellars that execute on an investment strategy through smart contracts. Cellars are powered by Strategy Providers (SPs) who develop trading strategies and send the recommended actions to the Sommelier Validators to be executed on the Cellar with the intention of gaining yield. Cellars can be strategies like: A portfolio of BTC and ETH that is rebalanced based on price trends that machine learning algorithms identify An NFT trading strategy that leverages Twitter sentiment around particular collections A strategy that hedges liquidity provision on DEXes Sommelier employs a unique architecture consisting of the Sommelier Cosmos SDK blockchain, an off-chain execution environment that keeps strategies private while allowing them to leverage a wide variety of off-chain data modeling techniques, and one of the best performing ETH bridges. Strategy instructions are passed across this bridge to reposition assets in Cellars. This bridge is also being expanded to allow access to other chains (like Polygon, Avalanche, etc) so strategies are not tied to just high gas ETH markets. Sommelier aggregates and batches transactions, thereby reducing gas fees, providing an attractive alternative to Ethereum’s high transaction costs. As for security, Sommelier uses a decentralized governance mechanism run by validators, ensuring state-of-the-art safety of user funds. Validators pass strategy instructions across the bridge, but users’ assets are never moved across it, instead being deployed directly into Cellars. Further, Cellars are non-custodial, meaning that users can withdraw their assets at any time, while strategy providers never have ownership of those assets.

MKD 0.0209Price
MKD 7.71MMarket cap
MKD 42.72KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

MKD to SOMM values from Today at

MKD 0.50 MKD = 23.92 SOMM
MKD 1.00 MKD = 47.84 SOMM
MKD 5.00 MKD = 239.20 SOMM
MKD 10.00 MKD = 478.40 SOMM
MKD 50.00 MKD = 2,392.01 SOMM
MKD 100.00 MKD = 4,784.03 SOMM
MKD 500.00 MKD = 23,920.13 SOMM
MKD 1,000.00 MKD = 47,840.27 SOMM

SOMM to MKD values from Today at 12:10 pm

0.5 SOMM = MKD 0.01045 MKD
1 SOMM = MKD 0.0209 MKD
5 SOMM = MKD 0.1045 MKD
10 SOMM = MKD 0.209 MKD
50 SOMM = MKD 1.05 MKD
100 SOMM = MKD 2.09 MKD
500 SOMM = MKD 10.45 MKD
1,000 SOMM = MKD 20.90 MKD

MKD to SOMM over time

MKD
Today
24H
-5,410.35%
1M
-4,384.40%
1Y
-1,860.99%
0.5 MKD
23.92 SOMM
27.05 SOMM
21.92 SOMM
9.30 SOMM
1 MKD
47.84 SOMM
54.10 SOMM
43.84 SOMM
18.61 SOMM
5 MKD
239.20 SOMM
270.52 SOMM
219.22 SOMM
93.05 SOMM
10 MKD
478.40 SOMM
541.03 SOMM
438.44 SOMM
186.10 SOMM
50 MKD
2,392.01 SOMM
2,705.17 SOMM
2,192.20 SOMM
930.50 SOMM
100 MKD
4,784.03 SOMM
5,410.35 SOMM
4,384.40 SOMM
1,860.99 SOMM
500 MKD
23,920.13 SOMM
27,051.75 SOMM
21,921.99 SOMM
9,304.97 SOMM
1,000 MKD
47,840.27 SOMM
54,103.49 SOMM
43,843.99 SOMM
18,609.94 SOMM

Frequently asked questions

Right now, 1 Sommelier is worth about MKD 0.0209.

Based on the current rate, you could get 47.84 SOMM for 1 MKD.

Sommelier price has been on the rise. Since yesterday, the exchange rate of Sommelier has increased. Since last month, the exchange rate of Sommelier has decreased. Since this time last year, the price of Sommelier has decreased.

You can use our SOMM to MKD calculator at the top of this page to convert any amount of SOMM to MKD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MKD is equivalent to 239.20 SOMM. Inversely, 5 SOMM will cost about MKD 0.1045

Sommelier can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Sommelier.

There are a number of crypto assets that have the a similar or comparable market cap to Sommelier, including Pepe Coin, Artmeta, and Costco Hot Dog. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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