Convert Sommelier SOMM to Egyptian Pound EGP
SOMM to EGP: 1 Sommelier converts to EGP 0.01591 EGP as of July 26 at 3:26 PM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is EGP 0.01591 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of EGP 5,963,665.31. The amount of Sommelier traded has risen by EGP 154.09 in the last 24 hours, which is a 33.34% increase. Additionally, in the last day, EGP 462.22 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is EGP 0.01591 EGP. In other words, to buy 5 Sommelier, it would cost you EGP 0.07956 EGP. Inversely, EGP 1.00 EGP would allow you to trade for 62.85 SOMM while EGP 50.00 EGP would convert to 3,142.30 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 8.29%. Meanwhile, in the last 24 hours, the rate has changed by 2.7%, and that the highest exchange rate of 1 SOMM to EGP was EGP 0.01665 EGP and the lowest 24 hour value was 1 SOMM for EGP 0.01495 EGP. Last month, 1 SOMM was worth EGP 0.02418 EGP. Today, it's down 37.33%. Looking back a year, Sommelier has changed by EGP 0.05831 EGP. That means that in a single year, the value of Sommelier has shrank by 74.21%.
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.
Conversion tables
SOMM to EGP values from Today at 3:26 pm
0.5 SOMM = EGP 0.007956 EGP |
1 SOMM = EGP 0.01591 EGP |
5 SOMM = EGP 0.07956 EGP |
10 SOMM = EGP 0.1591 EGP |
50 SOMM = EGP 0.7956 EGP |
100 SOMM = EGP 1.59 EGP |
500 SOMM = EGP 7.96 EGP |
1,000 SOMM = EGP 15.91 EGP |
EGP to SOMM values from Today at 3:28 pm
EGP 0.50 EGP = 31.42 SOMM |
EGP 1.00 EGP = 62.85 SOMM |
EGP 5.00 EGP = 314.23 SOMM |
EGP 10.00 EGP = 628.46 SOMM |
EGP 50.00 EGP = 3,142.30 SOMM |
EGP 100.00 EGP = 6,284.60 SOMM |
EGP 500.00 EGP = 31,422.98 SOMM |
EGP 1,000.00 EGP = 62,845.96 SOMM |
SOMM to EGP over time
SOMM | Today | 24H 97.31% | 1M 95.76% | 1Y 89.77% |
|---|---|---|---|---|
0.5 SOMM | EGP 0.007956 EGP | EGP 0.007655 EGP | EGP 0.01209 EGP | EGP 0.02916 EGP |
1 SOMM | EGP 0.01591 EGP | EGP 0.01531 EGP | EGP 0.02418 EGP | EGP 0.05831 EGP |
5 SOMM | EGP 0.07956 EGP | EGP 0.07655 EGP | EGP 0.1209 EGP | EGP 0.2916 EGP |
10 SOMM | EGP 0.1591 EGP | EGP 0.1531 EGP | EGP 0.2418 EGP | EGP 0.5831 EGP |
50 SOMM | EGP 0.7956 EGP | EGP 0.7655 EGP | EGP 1.21 EGP | EGP 2.92 EGP |
100 SOMM | EGP 1.59 EGP | EGP 1.53 EGP | EGP 2.42 EGP | EGP 5.83 EGP |
500 SOMM | EGP 7.96 EGP | EGP 7.65 EGP | EGP 12.09 EGP | EGP 29.16 EGP |
1,000 SOMM | EGP 15.91 EGP | EGP 15.31 EGP | EGP 24.18 EGP | EGP 58.31 EGP |
Frequently asked questions
Right now, 1 Sommelier is worth about EGP 0.01591.
Based on the current rate, you could get 62.85 SOMM for 1 EGP.
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 EGP calculator at the top of this page to convert any amount of SOMM to EGP. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EGP is equivalent to 314.23 SOMM. Inversely, 5 SOMM will cost about EGP 0.07956
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 Sunny Side up, FantomPAD, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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