Convert Sommelier SOMM to Papua New Guinean Kina PGK

SOMM to PGK: 1 Sommelier converts to PGK 0.001288 PGK as of August 16 at 5:26 AM

PGK
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About Sommelier

Sommelier is falling this week. The current price of Sommelier is PGK 0.001288 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PGK 483,243.95. The amount of Sommelier traded has risen by PGK 196,228.48 in the last 24 hours, which is a 19,444.03% increase. Additionally, in the last day, PGK 1,009.20 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is PGK 0.001288 PGK. In other words, to buy 5 Sommelier, it would cost you PGK 0.00644 PGK. Inversely, PGK 1.00 PGK would allow you to trade for 776.45 SOMM while PGK 50.00 PGK would convert to 38,822.44 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 20.8%. Meanwhile, in the last 24 hours, the rate has changed by 21.66%, and that the highest exchange rate of 1 SOMM to PGK was PGK 0.001681 PGK and the lowest 24 hour value was 1 SOMM for PGK 0.001157 PGK. Last month, 1 SOMM was worth PGK 0.001772 PGK. Today, it's down 29.11%. 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 76.12%.

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 0.001288Price
PGK 483.24KMarket cap
PGK 1.01KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to PGK values from Today at 5:26 am

0.5 SOMM = PGK 0.000644 PGK
1 SOMM = PGK 0.001288 PGK
5 SOMM = PGK 0.00644 PGK
10 SOMM = PGK 0.01288 PGK
50 SOMM = PGK 0.0644 PGK
100 SOMM = PGK 0.1288 PGK
500 SOMM = PGK 0.644 PGK
1,000 SOMM = PGK 1.29 PGK

PGK to SOMM values from Today at

PGK 0.50 PGK = 388.22 SOMM
PGK 1.00 PGK = 776.45 SOMM
PGK 5.00 PGK = 3,882.24 SOMM
PGK 10.00 PGK = 7,764.49 SOMM
PGK 50.00 PGK = 38,822.44 SOMM
PGK 100.00 PGK = 77,644.89 SOMM
PGK 500.00 PGK = 388,224.43 SOMM
PGK 1,000.00 PGK = 776,448.86 SOMM

SOMM to PGK over time

SOMM
Today
24H
-27.62%
1M
-37.60%
1Y
-291.10%
0.5 SOMM
PGK 0.000644 PGK
PGK 0.0008218 PGK
PGK 0.0008861 PGK
PGK 0.002519 PGK
1 SOMM
PGK 0.001288 PGK
PGK 0.001644 PGK
PGK 0.001772 PGK
PGK 0.005037 PGK
5 SOMM
PGK 0.00644 PGK
PGK 0.008218 PGK
PGK 0.008861 PGK
PGK 0.02519 PGK
10 SOMM
PGK 0.01288 PGK
PGK 0.01644 PGK
PGK 0.01772 PGK
PGK 0.05037 PGK
50 SOMM
PGK 0.0644 PGK
PGK 0.08218 PGK
PGK 0.08861 PGK
PGK 0.2519 PGK
100 SOMM
PGK 0.1288 PGK
PGK 0.1644 PGK
PGK 0.1772 PGK
PGK 0.5037 PGK
500 SOMM
PGK 0.644 PGK
PGK 0.8218 PGK
PGK 0.8861 PGK
PGK 2.52 PGK
1,000 SOMM
PGK 1.29 PGK
PGK 1.64 PGK
PGK 1.77 PGK
PGK 5.04 PGK

Frequently asked questions

Right now, 1 Sommelier is worth about PGK 0.001288.

Based on the current rate, you could get 776.45 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 3,882.24 SOMM. Inversely, 5 SOMM will cost about PGK 0.00644

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 UXD Stablecoin, Furmula, and NovaBank. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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