Convert Sommelier SOMM to Macedonian Denar MKD
1 SOMM converts to MKD 0.02647 MKD as of June 27 at 3:24 AM
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About Sommelier
Sommelier is climbing this week. The current price of Sommelier is MKD 0.02647 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of MKD 9,988,426.53. The amount of Sommelier traded has fallen by -MKD 114.16 in the last 24 hours, which is a 98.65% decrease. Additionally, in the last day, MKD 115.72 worth of SOMM has been traded.
The exchange rate of Sommelier is increasing. The current value of 1 SOMM is MKD 0.02647 MKD. In other words, to buy 5 Sommelier, it would cost you MKD 0.13237 MKD. Inversely, MKD 1.00 MKD would allow you to trade for 37.77 SOMM while MKD 50.00 MKD would convert to 1,888.67 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 13.69%. Meanwhile, in the last 24 hours, the rate has changed by 2.61%, and that the highest exchange rate of 1 SOMM to MKD was MKD 0.02672 MKD and the lowest 24 hour value was 1 SOMM for MKD 0.02558 MKD. Last month, 1 SOMM was worth MKD 0.02728 MKD. Today, it's down 4.97%. Looking back a year, Sommelier has changed by MKD 0.06182 MKD. That means that in a single year, the value of Sommelier has shrank by 58.41%.
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 MKD values from Today at 3:24 am
0.5 SOMM = MKD 0.01324 MKD |
1 SOMM = MKD 0.02647 MKD |
5 SOMM = MKD 0.1324 MKD |
10 SOMM = MKD 0.2647 MKD |
50 SOMM = MKD 1.32 MKD |
100 SOMM = MKD 2.65 MKD |
500 SOMM = MKD 13.24 MKD |
1,000 SOMM = MKD 26.47 MKD |
MKD to SOMM values from Today at
MKD 0.50 MKD = 18.89 SOMM |
MKD 1.00 MKD = 37.77 SOMM |
MKD 5.00 MKD = 188.87 SOMM |
MKD 10.00 MKD = 377.73 SOMM |
MKD 50.00 MKD = 1,888.67 SOMM |
MKD 100.00 MKD = 3,777.34 SOMM |
MKD 500.00 MKD = 18,886.71 SOMM |
MKD 1,000.00 MKD = 37,773.41 SOMM |
SOMM to MKD over time
SOMM | Today | 24H 1.83% | 1M -3.06% | 1Y -133.51% |
|---|---|---|---|---|
0.5 SOMM | MKD 0.01324 MKD | MKD 0.01299 MKD | MKD 0.01364 MKD | MKD 0.03091 MKD |
1 SOMM | MKD 0.02647 MKD | MKD 0.02599 MKD | MKD 0.02728 MKD | MKD 0.06182 MKD |
5 SOMM | MKD 0.1324 MKD | MKD 0.1299 MKD | MKD 0.1364 MKD | MKD 0.3091 MKD |
10 SOMM | MKD 0.2647 MKD | MKD 0.2599 MKD | MKD 0.2728 MKD | MKD 0.6182 MKD |
50 SOMM | MKD 1.32 MKD | MKD 1.30 MKD | MKD 1.36 MKD | MKD 3.09 MKD |
100 SOMM | MKD 2.65 MKD | MKD 2.60 MKD | MKD 2.73 MKD | MKD 6.18 MKD |
500 SOMM | MKD 13.24 MKD | MKD 12.99 MKD | MKD 13.64 MKD | MKD 30.91 MKD |
1,000 SOMM | MKD 26.47 MKD | MKD 25.99 MKD | MKD 27.28 MKD | MKD 61.82 MKD |
Frequently asked questions
Right now, 1 Sommelier is worth about MKD 0.02647.
Based on the current rate, you could get 37.77 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 188.87 SOMM. Inversely, 5 SOMM will cost about MKD 0.1324
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, Web3 Doge, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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