Convert Sommelier SOMM to Papua New Guinean Kina PGK
SOMM to PGK: 1 Sommelier converts to PGK 0.001262 PGK as of July 29 at 11:15 PM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is PGK 0.001262 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PGK 472,232.19. The amount of Sommelier traded has fallen by -PGK 3.14 in the last 24 hours, which is a 94.68% decrease. Additionally, in the last day, PGK 3.32 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is PGK 0.001262 PGK. In other words, to buy 5 Sommelier, it would cost you PGK 0.006311 PGK. Inversely, PGK 1.00 PGK would allow you to trade for 792.31 SOMM while PGK 50.00 PGK would convert to 39,615.74 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.28%. Meanwhile, in the last 24 hours, the rate has changed by 3.83%, and that the highest exchange rate of 1 SOMM to PGK was PGK 0.001316 PGK and the lowest 24 hour value was 1 SOMM for PGK 0.00124 PGK. Last month, 1 SOMM was worth PGK 0.002059 PGK. Today, it's down 39.73%. Looking back a year, Sommelier has changed by PGK 0.004144 PGK. That means that in a single year, the value of Sommelier has shrank by 71.67%.
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 PGK values from Today at 11:15 pm
0.5 SOMM = PGK 0.0006311 PGK |
1 SOMM = PGK 0.001262 PGK |
5 SOMM = PGK 0.006311 PGK |
10 SOMM = PGK 0.01262 PGK |
50 SOMM = PGK 0.06311 PGK |
100 SOMM = PGK 0.1262 PGK |
500 SOMM = PGK 0.6311 PGK |
1,000 SOMM = PGK 1.26 PGK |
PGK to SOMM values from Today at
PGK 0.50 PGK = 396.16 SOMM |
PGK 1.00 PGK = 792.31 SOMM |
PGK 5.00 PGK = 3,961.57 SOMM |
PGK 10.00 PGK = 7,923.15 SOMM |
PGK 50.00 PGK = 39,615.74 SOMM |
PGK 100.00 PGK = 79,231.48 SOMM |
PGK 500.00 PGK = 396,157.40 SOMM |
PGK 1,000.00 PGK = 792,314.81 SOMM |
SOMM to PGK over time
SOMM | Today | 24H -2.65% | 1M -63.14% | 1Y -228.35% |
|---|---|---|---|---|
0.5 SOMM | PGK 0.0006311 PGK | PGK 0.0006478 PGK | PGK 0.001029 PGK | PGK 0.002072 PGK |
1 SOMM | PGK 0.001262 PGK | PGK 0.001296 PGK | PGK 0.002059 PGK | PGK 0.004144 PGK |
5 SOMM | PGK 0.006311 PGK | PGK 0.006478 PGK | PGK 0.01029 PGK | PGK 0.02072 PGK |
10 SOMM | PGK 0.01262 PGK | PGK 0.01296 PGK | PGK 0.02059 PGK | PGK 0.04144 PGK |
50 SOMM | PGK 0.06311 PGK | PGK 0.06478 PGK | PGK 0.1029 PGK | PGK 0.2072 PGK |
100 SOMM | PGK 0.1262 PGK | PGK 0.1296 PGK | PGK 0.2059 PGK | PGK 0.4144 PGK |
500 SOMM | PGK 0.6311 PGK | PGK 0.6478 PGK | PGK 1.03 PGK | PGK 2.07 PGK |
1,000 SOMM | PGK 1.26 PGK | PGK 1.30 PGK | PGK 2.06 PGK | PGK 4.14 PGK |
Frequently asked questions
Right now, 1 Sommelier is worth about PGK 0.001262.
Based on the current rate, you could get 792.31 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 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 3,961.57 SOMM. Inversely, 5 SOMM will cost about PGK 0.006311
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, MetaSwap, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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