Convert Sommelier SOMM to Albanian Lek ALL
SOMM to ALL: 1 Sommelier converts to ALL 0.02593 ALL as of October 8 at 2:28 AM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is ALL 0.02593 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of ALL 9,718,575.45. The amount of Sommelier traded has risen by ALL 293,862 in the last 24 hours, which is a 1,834.40% increase. Additionally, in the last day, ALL 16,020 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is ALL 0.02593 ALL. In other words, to buy 5 Sommelier, it would cost you ALL 0.12967 ALL. Inversely, ALL 1 ALL would allow you to trade for 38.56 SOMM while ALL 50 ALL would convert to 1,927.96 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 33.04%. Meanwhile, in the last 24 hours, the rate has changed by 16.08%, and that the highest exchange rate of 1 SOMM to ALL was ALL 0.03184 ALL and the lowest 24 hour value was 1 SOMM for ALL 0.02318 ALL. Last month, 1 SOMM was worth ALL 0.02645 ALL. Today, it's down 5.02%. Looking back a year, Sommelier has changed by ALL 0.2814 ALL. That means that in a single year, the value of Sommelier has shrank by 90.62%.
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 ALL values from Today at 2:28 am
0.5 SOMM = ALL 0.01297 ALL |
1 SOMM = ALL 0.02593 ALL |
5 SOMM = ALL 0.1297 ALL |
10 SOMM = ALL 0.2593 ALL |
50 SOMM = ALL 1.30 ALL |
100 SOMM = ALL 2.59 ALL |
500 SOMM = ALL 12.97 ALL |
1,000 SOMM = ALL 25.93 ALL |
ALL to SOMM values from Today at
ALL 1 ALL = 19.28 SOMM |
ALL 1 ALL = 38.56 SOMM |
ALL 5 ALL = 192.80 SOMM |
ALL 10 ALL = 385.59 SOMM |
ALL 50 ALL = 1,927.96 SOMM |
ALL 100 ALL = 3,855.91 SOMM |
ALL 500 ALL = 19,279.55 SOMM |
ALL 1,000 ALL = 38,559.11 SOMM |
SOMM to ALL over time
SOMM | Today | 24H -19.03% | 1M -1.97% | 1Y -984.99% |
|---|---|---|---|---|
0.5 SOMM | ALL 0.01297 ALL | ALL 0.01543 ALL | ALL 0.01322 ALL | ALL 0.1407 ALL |
1 SOMM | ALL 0.02593 ALL | ALL 0.03087 ALL | ALL 0.02645 ALL | ALL 0.2814 ALL |
5 SOMM | ALL 0.1297 ALL | ALL 0.1543 ALL | ALL 0.1322 ALL | ALL 1.41 ALL |
10 SOMM | ALL 0.2593 ALL | ALL 0.3087 ALL | ALL 0.2645 ALL | ALL 2.81 ALL |
50 SOMM | ALL 1.30 ALL | ALL 1.54 ALL | ALL 1.32 ALL | ALL 14.07 ALL |
100 SOMM | ALL 2.59 ALL | ALL 3.09 ALL | ALL 2.64 ALL | ALL 28.14 ALL |
500 SOMM | ALL 12.97 ALL | ALL 15.43 ALL | ALL 13.22 ALL | ALL 140.69 ALL |
1,000 SOMM | ALL 25.93 ALL | ALL 30.87 ALL | ALL 26.45 ALL | ALL 281.38 ALL |
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