Convert Sommelier SOMM to Guatemalan Quetzal GTQ

SOMM to GTQ: 1 Sommelier converts to GTQ 0.002056 GTQ as of October 27 at 8:58 AM

GTQ
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is GTQ 0.002056 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of GTQ 770,764.43. The amount of Sommelier traded has risen by GTQ 265.17 in the last 24 hours, which is a 66.75% increase. Additionally, in the last day, GTQ 397.28 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is GTQ 0.002056 GTQ. In other words, to buy 5 Sommelier, it would cost you GTQ 0.010282 GTQ. Inversely, GTQ 1.00 GTQ would allow you to trade for 486.28 SOMM while GTQ 50.00 GTQ would convert to 24,313.82 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 16.64%. Meanwhile, in the last 24 hours, the rate has changed by 10.48%, which means that the highest exchange rate of 1 SOMM to GTQ was GTQ 0.00226 GTQ and the lowest 24 hour value was 1 SOMM for GTQ 0.001768 GTQ. Last month, 1 SOMM was worth GTQ 0.004357 GTQ. Today, it's down 52.7%. Looking back a year, Sommelier has changed by GTQ 0.01276 GTQ. That means that in a single year, the value of Sommelier has shrank by 83.78%.

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.

GTQ 0.002056Price
GTQ 770.76KMarket cap
GTQ 397.28Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to GTQ values from Today at 8:58 am

0.5 SOMM = GTQ 0.001028 GTQ
1 SOMM = GTQ 0.002056 GTQ
5 SOMM = GTQ 0.01028 GTQ
10 SOMM = GTQ 0.02056 GTQ
50 SOMM = GTQ 0.1028 GTQ
100 SOMM = GTQ 0.2056 GTQ
500 SOMM = GTQ 1.03 GTQ
1,000 SOMM = GTQ 2.06 GTQ

GTQ to SOMM values from Today at 4:24 pm

GTQ 0.50 GTQ = 243.14 SOMM
GTQ 1.00 GTQ = 486.28 SOMM
GTQ 5.00 GTQ = 2,431.38 SOMM
GTQ 10.00 GTQ = 4,862.76 SOMM
GTQ 50.00 GTQ = 24,313.82 SOMM
GTQ 100.00 GTQ = 48,627.64 SOMM
GTQ 500.00 GTQ = 243,138.18 SOMM
GTQ 1,000.00 GTQ = 486,276.36 SOMM

SOMM to GTQ over time

SOMM
Today
24H
85.17%
1M
65.31%
1Y
-1.56%
0.5 SOMM
GTQ 0.001028 GTQ
GTQ 0.0009314 GTQ
GTQ 0.002178 GTQ
GTQ 0.006378 GTQ
1 SOMM
GTQ 0.002056 GTQ
GTQ 0.001863 GTQ
GTQ 0.004357 GTQ
GTQ 0.01276 GTQ
5 SOMM
GTQ 0.01028 GTQ
GTQ 0.009314 GTQ
GTQ 0.02178 GTQ
GTQ 0.06378 GTQ
10 SOMM
GTQ 0.02056 GTQ
GTQ 0.01863 GTQ
GTQ 0.04357 GTQ
GTQ 0.1276 GTQ
50 SOMM
GTQ 0.1028 GTQ
GTQ 0.09314 GTQ
GTQ 0.2178 GTQ
GTQ 0.6378 GTQ
100 SOMM
GTQ 0.2056 GTQ
GTQ 0.1863 GTQ
GTQ 0.4357 GTQ
GTQ 1.28 GTQ
500 SOMM
GTQ 1.03 GTQ
GTQ 0.9314 GTQ
GTQ 2.18 GTQ
GTQ 6.38 GTQ
1,000 SOMM
GTQ 2.06 GTQ
GTQ 1.86 GTQ
GTQ 4.36 GTQ
GTQ 12.76 GTQ

Frequently asked questions

Right now, 1 Sommelier is worth about GTQ 0.002056.
Based on the current rate, you could get 486.28 SOMM for 1 GTQ.
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 GTQ calculator at the top of this page to convert any amount of SOMM to GTQ. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 GTQ is equivalent to 2,431.38 SOMM. Inversely, 5 SOMM will cost about GTQ 0.01028
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 Matching Game, Sheesha Finance [ERC20], and MARIO CEO. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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