Convert Sommelier SOMM to Norwegian Krone NOK
SOMM to NOK: 1 Sommelier converts to NOK 0.003469 NOK as of August 13 at 5:31 AM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is NOK 0.003469 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of NOK 1,300,364.14. The amount of Sommelier traded has fallen by -NOK 8.13 in the last 24 hours, which is a 77.87% decrease. Additionally, in the last day, NOK 10.44 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is NOK 0.003469 NOK. In other words, to buy 5 Sommelier, it would cost you NOK 0.017343 NOK. Inversely, NOK 1.00 NOK would allow you to trade for 288.31 SOMM while NOK 50.00 NOK would convert to 14,415.45 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.62%. Meanwhile, in the last 24 hours, the rate has changed by 0.19%, which means that the highest exchange rate of 1 SOMM to NOK was NOK 0.003508 NOK and the lowest 24 hour value was 1 SOMM for NOK 0.003444 NOK. Last month, 1 SOMM was worth NOK 0.003524 NOK. Today, it's up 1.42%. Looking back a year, Sommelier has changed by NOK 0.0107 NOK. That means that in a single year, the value of Sommelier has shrank by 65.1%.
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 NOK values from Today at 5:31 am
0.5 SOMM = NOK 0.001734 NOK |
1 SOMM = NOK 0.003469 NOK |
5 SOMM = NOK 0.01734 NOK |
10 SOMM = NOK 0.03469 NOK |
50 SOMM = NOK 0.1734 NOK |
100 SOMM = NOK 0.3469 NOK |
500 SOMM = NOK 1.73 NOK |
1,000 SOMM = NOK 3.47 NOK |
NOK to SOMM values from Today at 5:26 am
NOK 0.50 NOK = 144.15 SOMM |
NOK 1.00 NOK = 288.31 SOMM |
NOK 5.00 NOK = 1,441.55 SOMM |
NOK 10.00 NOK = 2,883.09 SOMM |
NOK 50.00 NOK = 14,415.45 SOMM |
NOK 100.00 NOK = 28,830.90 SOMM |
NOK 500.00 NOK = 144,154.52 SOMM |
NOK 1,000.00 NOK = 288,309.05 SOMM |
SOMM to NOK over time
SOMM | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 SOMM | NOK 0.001734 NOK | NOK 0.001738 NOK | NOK 0.001762 NOK | NOK 0.005349 NOK |
1 SOMM | NOK 0.003469 NOK | NOK 0.003476 NOK | NOK 0.003524 NOK | NOK 0.0107 NOK |
5 SOMM | NOK 0.01734 NOK | NOK 0.01738 NOK | NOK 0.01762 NOK | NOK 0.05349 NOK |
10 SOMM | NOK 0.03469 NOK | NOK 0.03476 NOK | NOK 0.03524 NOK | NOK 0.107 NOK |
50 SOMM | NOK 0.1734 NOK | NOK 0.1738 NOK | NOK 0.1762 NOK | NOK 0.5349 NOK |
100 SOMM | NOK 0.3469 NOK | NOK 0.3476 NOK | NOK 0.3524 NOK | NOK 1.07 NOK |
500 SOMM | NOK 1.73 NOK | NOK 1.74 NOK | NOK 1.76 NOK | NOK 5.35 NOK |
1,000 SOMM | NOK 3.47 NOK | NOK 3.48 NOK | NOK 3.52 NOK | NOK 10.70 NOK |
Frequently asked questions
Right now, 1 Sommelier is worth about NOK 0.003469.
Based on the current rate, you could get 288.31 SOMM for 1 NOK.
Sommelier price has been declining. Since yesterday, the exchange rate of Sommelier has decreased. Since last month, the exchange rate of Sommelier has increased. Since this time last year, the price of Sommelier has decreased.
You can use our SOMM to NOK calculator at the top of this page to convert any amount of SOMM to NOK. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 NOK is equivalent to 1,441.55 SOMM. Inversely, 5 SOMM will cost about NOK 0.01734
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, Safuu, and Titi Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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