Convert Sommelier SOMM to Papua New Guinean Kina PGK

SOMM to PGK: 1 Sommelier converts to PGK 0.001337 PGK as of August 16 at 10:01 PM

PGK
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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is PGK 0.001337 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PGK 505,537.85. The amount of Sommelier traded has fallen by -PGK 174.90 in the last 24 hours, which is a 69.96% decrease. Additionally, in the last day, PGK 249.99 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is PGK 0.001337 PGK. In other words, to buy 5 Sommelier, it would cost you PGK 0.006683 PGK. Inversely, PGK 1.00 PGK would allow you to trade for 748.11 SOMM while PGK 50.00 PGK would convert to 37,405.74 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 19.01%. Meanwhile, in the last 24 hours, the rate has changed by 11.36%, and that the highest exchange rate of 1 SOMM to PGK was PGK 0.001358 PGK and the lowest 24 hour value was 1 SOMM for PGK 0.001198 PGK. Last month, 1 SOMM was worth PGK 0.001655 PGK. Today, it's down 19.82%. Looking back a year, Sommelier has changed by PGK 0.005037 PGK. That means that in a single year, the value of Sommelier has shrank by 75.12%.

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 0.001337Price
PGK 505.54KMarket cap
PGK 249.99Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to PGK values from Today at 10:01 pm

0.5 SOMM = PGK 0.0006683 PGK
1 SOMM = PGK 0.001337 PGK
5 SOMM = PGK 0.006683 PGK
10 SOMM = PGK 0.01337 PGK
50 SOMM = PGK 0.06683 PGK
100 SOMM = PGK 0.1337 PGK
500 SOMM = PGK 0.6683 PGK
1,000 SOMM = PGK 1.34 PGK

PGK to SOMM values from Today at

PGK 0.50 PGK = 374.06 SOMM
PGK 1.00 PGK = 748.11 SOMM
PGK 5.00 PGK = 3,740.57 SOMM
PGK 10.00 PGK = 7,481.15 SOMM
PGK 50.00 PGK = 37,405.74 SOMM
PGK 100.00 PGK = 74,811.48 SOMM
PGK 500.00 PGK = 374,057.41 SOMM
PGK 1,000.00 PGK = 748,114.82 SOMM

SOMM to PGK over time

SOMM
Today
24H
9.86%
1M
-23.78%
1Y
-276.83%
0.5 SOMM
PGK 0.0006683 PGK
PGK 0.0006024 PGK
PGK 0.0008273 PGK
PGK 0.002519 PGK
1 SOMM
PGK 0.001337 PGK
PGK 0.001205 PGK
PGK 0.001655 PGK
PGK 0.005037 PGK
5 SOMM
PGK 0.006683 PGK
PGK 0.006024 PGK
PGK 0.008273 PGK
PGK 0.02519 PGK
10 SOMM
PGK 0.01337 PGK
PGK 0.01205 PGK
PGK 0.01655 PGK
PGK 0.05037 PGK
50 SOMM
PGK 0.06683 PGK
PGK 0.06024 PGK
PGK 0.08273 PGK
PGK 0.2519 PGK
100 SOMM
PGK 0.1337 PGK
PGK 0.1205 PGK
PGK 0.1655 PGK
PGK 0.5037 PGK
500 SOMM
PGK 0.6683 PGK
PGK 0.6024 PGK
PGK 0.8273 PGK
PGK 2.52 PGK
1,000 SOMM
PGK 1.34 PGK
PGK 1.20 PGK
PGK 1.65 PGK
PGK 5.04 PGK

Frequently asked questions

Right now, 1 Sommelier is worth about PGK 0.001337.

Based on the current rate, you could get 748.11 SOMM for 1 PGK.

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 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 3,740.57 SOMM. Inversely, 5 SOMM will cost about PGK 0.006683

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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