Convert Sommelier SOMM to Papua New Guinean Kina PGK
SOMM to PGK: 1 Sommelier converts to PGK 0.001041 PGK as of November 9 at 4:09 PM
Buy Sommelier with Coinbase Wallet
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
About Sommelier
Sommelier is falling this week. The current price of Sommelier is PGK 0.001041 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PGK 390,301.83. The amount of Sommelier traded has fallen by -PGK 16.17 in the last 24 hours, which is a 89.40% decrease. Additionally, in the last day, PGK 18.09 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is PGK 0.001041 PGK. In other words, to buy 5 Sommelier, it would cost you PGK 0.005207 PGK. Inversely, PGK 1.00 PGK would allow you to trade for 960.27 SOMM while PGK 50.00 PGK would convert to 48,013.70 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.17%. Meanwhile, in the last 24 hours, the rate has changed by 3.97%, which means that the highest exchange rate of 1 SOMM to PGK was PGK 0.001099 PGK and the lowest 24 hour value was 1 SOMM for PGK 0.0009904 PGK. Last month, 1 SOMM was worth PGK 0.001557 PGK. Today, it's down 33.35%. Looking back a year, Sommelier has changed by PGK 0.006325 PGK. That means that in a single year, the value of Sommelier has shrank by 84.71%.
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 4:09 pm
0.5 SOMM = PGK 0.0005207 PGK |
1 SOMM = PGK 0.001041 PGK |
5 SOMM = PGK 0.005207 PGK |
10 SOMM = PGK 0.01041 PGK |
50 SOMM = PGK 0.05207 PGK |
100 SOMM = PGK 0.1041 PGK |
500 SOMM = PGK 0.5207 PGK |
1,000 SOMM = PGK 1.04 PGK |
PGK to SOMM values from Today at
PGK 0.50 PGK = 480.14 SOMM |
PGK 1.00 PGK = 960.27 SOMM |
PGK 5.00 PGK = 4,801.37 SOMM |
PGK 10.00 PGK = 9,602.74 SOMM |
PGK 50.00 PGK = 48,013.70 SOMM |
PGK 100.00 PGK = 96,027.41 SOMM |
PGK 500.00 PGK = 480,137.05 SOMM |
PGK 1,000.00 PGK = 960,274.10 SOMM |
SOMM to PGK over time
SOMM | Today | 24H -4.53% | 1M -49.53% | 1Y -507.39% |
|---|---|---|---|---|
0.5 SOMM | PGK 0.0005207 PGK | PGK 0.0005443 PGK | PGK 0.0007786 PGK | PGK 0.003163 PGK |
1 SOMM | PGK 0.001041 PGK | PGK 0.001089 PGK | PGK 0.001557 PGK | PGK 0.006325 PGK |
5 SOMM | PGK 0.005207 PGK | PGK 0.005443 PGK | PGK 0.007786 PGK | PGK 0.03163 PGK |
10 SOMM | PGK 0.01041 PGK | PGK 0.01089 PGK | PGK 0.01557 PGK | PGK 0.06325 PGK |
50 SOMM | PGK 0.05207 PGK | PGK 0.05443 PGK | PGK 0.07786 PGK | PGK 0.3163 PGK |
100 SOMM | PGK 0.1041 PGK | PGK 0.1089 PGK | PGK 0.1557 PGK | PGK 0.6325 PGK |
500 SOMM | PGK 0.5207 PGK | PGK 0.5443 PGK | PGK 0.7786 PGK | PGK 3.16 PGK |
1,000 SOMM | PGK 1.04 PGK | PGK 1.09 PGK | PGK 1.56 PGK | PGK 6.33 PGK |
Frequently asked questions
Buy Sommelier with Coinbase Wallet
Create a Coinbase account to buy and sell Sommelier on the most secure crypto exchange.
Related conversions
Popular cryptocurrencies
Popular prediction markets
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.




