Convert Sommelier SOMM to Papua New Guinean Kina PGK

SOMM to PGK: 1 Sommelier converts to PGK 0.001523 PGK as of August 23 at 2:08 PM

PGK
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About Sommelier

Sommelier is falling this week. The current price of Sommelier is PGK 0.001523 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PGK 570,654.77. The amount of Sommelier traded has risen by PGK 35.09 in the last 24 hours, which is a 11.47% increase. Additionally, in the last day, PGK 305.94 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is PGK 0.001523 PGK. In other words, to buy 5 Sommelier, it would cost you PGK 0.007613 PGK. Inversely, PGK 1.00 PGK would allow you to trade for 656.78 SOMM while PGK 50.00 PGK would convert to 32,839.17 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 14.03%. Meanwhile, in the last 24 hours, the rate has changed by 7.65%, which means that the highest exchange rate of 1 SOMM to PGK was PGK 0.001666 PGK and the lowest 24 hour value was 1 SOMM for PGK 0.001441 PGK. Last month, 1 SOMM was worth PGK 0.001355 PGK. Today, it's up 13.82%. Looking back a year, Sommelier has changed by PGK 0.004338 PGK. That means that in a single year, the value of Sommelier has shrank by 66.87%.

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.

PGK 0.001523Price
PGK 570.65KMarket cap
PGK 305.94Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to PGK values from Today at 2:08 pm

0.5 SOMM = PGK 0.0007613 PGK
1 SOMM = PGK 0.001523 PGK
5 SOMM = PGK 0.007613 PGK
10 SOMM = PGK 0.01523 PGK
50 SOMM = PGK 0.07613 PGK
100 SOMM = PGK 0.1523 PGK
500 SOMM = PGK 0.7613 PGK
1,000 SOMM = PGK 1.52 PGK

PGK to SOMM values from Today at

PGK 0.50 PGK = 328.39 SOMM
PGK 1.00 PGK = 656.78 SOMM
PGK 5.00 PGK = 3,283.92 SOMM
PGK 10.00 PGK = 6,567.83 SOMM
PGK 50.00 PGK = 32,839.17 SOMM
PGK 100.00 PGK = 65,678.34 SOMM
PGK 500.00 PGK = 328,391.70 SOMM
PGK 1,000.00 PGK = 656,783.40 SOMM

SOMM to PGK over time

SOMM
Today
24H
-8.67%
1M
11.02%
1Y
-184.89%
0.5 SOMM
PGK 0.0007613 PGK
PGK 0.0008273 PGK
PGK 0.0006774 PGK
PGK 0.002169 PGK
1 SOMM
PGK 0.001523 PGK
PGK 0.001655 PGK
PGK 0.001355 PGK
PGK 0.004338 PGK
5 SOMM
PGK 0.007613 PGK
PGK 0.008273 PGK
PGK 0.006774 PGK
PGK 0.02169 PGK
10 SOMM
PGK 0.01523 PGK
PGK 0.01655 PGK
PGK 0.01355 PGK
PGK 0.04338 PGK
50 SOMM
PGK 0.07613 PGK
PGK 0.08273 PGK
PGK 0.06774 PGK
PGK 0.2169 PGK
100 SOMM
PGK 0.1523 PGK
PGK 0.1655 PGK
PGK 0.1355 PGK
PGK 0.4338 PGK
500 SOMM
PGK 0.7613 PGK
PGK 0.8273 PGK
PGK 0.6774 PGK
PGK 2.17 PGK
1,000 SOMM
PGK 1.52 PGK
PGK 1.65 PGK
PGK 1.35 PGK
PGK 4.34 PGK

Frequently asked questions

Right now, 1 Sommelier is worth about PGK 0.001523.

Based on the current rate, you could get 656.78 SOMM for 1 PGK.

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 PGK calculator at the top of this page to convert any amount of SOMM to PGK. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 PGK is equivalent to 3,283.92 SOMM. Inversely, 5 SOMM will cost about PGK 0.007613

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 Titi Financial, Safuu, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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