Convert Sommelier SOMM to Papua New Guinean Kina PGK

SOMM to PGK: 1 Sommelier converts to PGK 0.001408 PGK as of August 26 at 9:01 AM

PGK
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About Sommelier

Sommelier is falling this week. The current price of Sommelier is PGK 0.001408 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PGK 527,860.06. The amount of Sommelier traded has risen by PGK 84,534.53 in the last 24 hours, which is a 5,922.44% increase. Additionally, in the last day, PGK 1,427.36 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is PGK 0.001408 PGK. In other words, to buy 5 Sommelier, it would cost you PGK 0.007042 PGK. Inversely, PGK 1.00 PGK would allow you to trade for 710.05 SOMM while PGK 50.00 PGK would convert to 35,502.72 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 11.5%. Meanwhile, in the last 24 hours, the rate has changed by 9.22%, which means that the highest exchange rate of 1 SOMM to PGK was PGK 0.001882 PGK and the lowest 24 hour value was 1 SOMM for PGK 0.001397 PGK. Last month, 1 SOMM was worth PGK 0.001356 PGK. Today, it's up 4.08%. Looking back a year, Sommelier has changed by PGK 0.00486 PGK. That means that in a single year, the value of Sommelier has shrank by 72.55%.

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 0.001408Price
PGK 527.86KMarket cap
PGK 1.43KVolume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to PGK values from Today at 9:01 am

0.5 SOMM = PGK 0.0007042 PGK
1 SOMM = PGK 0.001408 PGK
5 SOMM = PGK 0.007042 PGK
10 SOMM = PGK 0.01408 PGK
50 SOMM = PGK 0.07042 PGK
100 SOMM = PGK 0.1408 PGK
500 SOMM = PGK 0.7042 PGK
1,000 SOMM = PGK 1.41 PGK

PGK to SOMM values from Today at

PGK 0.50 PGK = 355.03 SOMM
PGK 1.00 PGK = 710.05 SOMM
PGK 5.00 PGK = 3,550.27 SOMM
PGK 10.00 PGK = 7,100.54 SOMM
PGK 50.00 PGK = 35,502.72 SOMM
PGK 100.00 PGK = 71,005.45 SOMM
PGK 500.00 PGK = 355,027.23 SOMM
PGK 1,000.00 PGK = 710,054.46 SOMM

SOMM to PGK over time

SOMM
Today
24H
-10.95%
1M
3.73%
1Y
-245.08%
0.5 SOMM
PGK 0.0007042 PGK
PGK 0.0007813 PGK
PGK 0.0006779 PGK
PGK 0.00243 PGK
1 SOMM
PGK 0.001408 PGK
PGK 0.001563 PGK
PGK 0.001356 PGK
PGK 0.00486 PGK
5 SOMM
PGK 0.007042 PGK
PGK 0.007813 PGK
PGK 0.006779 PGK
PGK 0.0243 PGK
10 SOMM
PGK 0.01408 PGK
PGK 0.01563 PGK
PGK 0.01356 PGK
PGK 0.0486 PGK
50 SOMM
PGK 0.07042 PGK
PGK 0.07813 PGK
PGK 0.06779 PGK
PGK 0.243 PGK
100 SOMM
PGK 0.1408 PGK
PGK 0.1563 PGK
PGK 0.1356 PGK
PGK 0.486 PGK
500 SOMM
PGK 0.7042 PGK
PGK 0.7813 PGK
PGK 0.6779 PGK
PGK 2.43 PGK
1,000 SOMM
PGK 1.41 PGK
PGK 1.56 PGK
PGK 1.36 PGK
PGK 4.86 PGK

Frequently asked questions

Right now, 1 Sommelier is worth about PGK 0.001408.

Based on the current rate, you could get 710.05 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 3,550.27 SOMM. Inversely, 5 SOMM will cost about PGK 0.007042

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 Probinex, Bedrock, and Tanuki. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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