Convert Sommelier SOMM to Papua New Guinean Kina PGK

SOMM to PGK: 1 Sommelier converts to PGK 0.001767 PGK as of August 22 at 4:42 AM

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About Sommelier

Sommelier is climbing this week. The current price of Sommelier is PGK 0.001767 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PGK 661,895.50. The amount of Sommelier traded has risen by PGK 833.97 in the last 24 hours, which is a 176.87% increase. Additionally, in the last day, PGK 471.51 worth of SOMM has been traded.

The exchange rate of Sommelier is increasing. The current value of 1 SOMM is PGK 0.001767 PGK. In other words, to buy 5 Sommelier, it would cost you PGK 0.008837 PGK. Inversely, PGK 1.00 PGK would allow you to trade for 565.79 SOMM while PGK 50.00 PGK would convert to 28,289.47 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 9.21%. Meanwhile, in the last 24 hours, the rate has changed by 7.28%, which means that the highest exchange rate of 1 SOMM to PGK was PGK 0.001811 PGK and the lowest 24 hour value was 1 SOMM for PGK 0.001605 PGK. Last month, 1 SOMM was worth PGK 0.001348 PGK. Today, it's up 32.74%. Looking back a year, Sommelier has changed by PGK 0.004433 PGK. That means that in a single year, the value of Sommelier has shrank by 62.33%.

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 0.001767Price
PGK 661.9KMarket cap
PGK 471.51Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to PGK values from Today at 4:42 am

0.5 SOMM = PGK 0.0008837 PGK
1 SOMM = PGK 0.001767 PGK
5 SOMM = PGK 0.008837 PGK
10 SOMM = PGK 0.01767 PGK
50 SOMM = PGK 0.08837 PGK
100 SOMM = PGK 0.1767 PGK
500 SOMM = PGK 0.8837 PGK
1,000 SOMM = PGK 1.77 PGK

PGK to SOMM values from Today at

PGK 0.50 PGK = 282.89 SOMM
PGK 1.00 PGK = 565.79 SOMM
PGK 5.00 PGK = 2,828.95 SOMM
PGK 10.00 PGK = 5,657.89 SOMM
PGK 50.00 PGK = 28,289.47 SOMM
PGK 100.00 PGK = 56,578.94 SOMM
PGK 500.00 PGK = 282,894.71 SOMM
PGK 1,000.00 PGK = 565,789.42 SOMM

SOMM to PGK over time

SOMM
Today
24H
6.63%
1M
23.76%
1Y
-150.80%
0.5 SOMM
PGK 0.0008837 PGK
PGK 0.0008251 PGK
PGK 0.0006738 PGK
PGK 0.002216 PGK
1 SOMM
PGK 0.001767 PGK
PGK 0.00165 PGK
PGK 0.001348 PGK
PGK 0.004433 PGK
5 SOMM
PGK 0.008837 PGK
PGK 0.008251 PGK
PGK 0.006738 PGK
PGK 0.02216 PGK
10 SOMM
PGK 0.01767 PGK
PGK 0.0165 PGK
PGK 0.01348 PGK
PGK 0.04433 PGK
50 SOMM
PGK 0.08837 PGK
PGK 0.08251 PGK
PGK 0.06738 PGK
PGK 0.2216 PGK
100 SOMM
PGK 0.1767 PGK
PGK 0.165 PGK
PGK 0.1348 PGK
PGK 0.4433 PGK
500 SOMM
PGK 0.8837 PGK
PGK 0.8251 PGK
PGK 0.6738 PGK
PGK 2.22 PGK
1,000 SOMM
PGK 1.77 PGK
PGK 1.65 PGK
PGK 1.35 PGK
PGK 4.43 PGK

Frequently asked questions

Right now, 1 Sommelier is worth about PGK 0.001767.

Based on the current rate, you could get 565.79 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 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 2,828.95 SOMM. Inversely, 5 SOMM will cost about PGK 0.008837

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, Oath, and Bullit. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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