Convert Sommelier SOMM to Papua New Guinean Kina PGK
SOMM to PGK: 1 Sommelier converts to PGK 0.00129 PGK as of July 30 at 11:05 AM
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About Sommelier
Sommelier is falling this week. The current price of Sommelier is PGK 0.00129 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PGK 482,967.82. The amount of Sommelier traded has fallen by -PGK 7.71 in the last 24 hours, which is a 85.53% decrease. Additionally, in the last day, PGK 9.02 worth of SOMM has been traded.
The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is PGK 0.00129 PGK. In other words, to buy 5 Sommelier, it would cost you PGK 0.006452 PGK. Inversely, PGK 1.00 PGK would allow you to trade for 775.00 SOMM while PGK 50.00 PGK would convert to 38,750.08 SOMM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.09%. Meanwhile, in the last 24 hours, the rate has changed by 1.36%, and that the highest exchange rate of 1 SOMM to PGK was PGK 0.001316 PGK and the lowest 24 hour value was 1 SOMM for PGK 0.00124 PGK. Last month, 1 SOMM was worth PGK 0.002078 PGK. Today, it's down 38.64%. Looking back a year, Sommelier has changed by PGK 0.004329 PGK. That means that in a single year, the value of Sommelier has shrank by 72.18%.
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 11:05 am
0.5 SOMM = PGK 0.0006452 PGK |
1 SOMM = PGK 0.00129 PGK |
5 SOMM = PGK 0.006452 PGK |
10 SOMM = PGK 0.0129 PGK |
50 SOMM = PGK 0.06452 PGK |
100 SOMM = PGK 0.129 PGK |
500 SOMM = PGK 0.6452 PGK |
1,000 SOMM = PGK 1.29 PGK |
PGK to SOMM values from Today at
PGK 0.50 PGK = 387.50 SOMM |
PGK 1.00 PGK = 775.00 SOMM |
PGK 5.00 PGK = 3,875.01 SOMM |
PGK 10.00 PGK = 7,750.02 SOMM |
PGK 50.00 PGK = 38,750.08 SOMM |
PGK 100.00 PGK = 77,500.15 SOMM |
PGK 500.00 PGK = 387,500.76 SOMM |
PGK 1,000.00 PGK = 775,001.51 SOMM |
SOMM to PGK over time
SOMM | Today | 24H -0.25% | 1M -61.04% | 1Y -235.52% |
|---|---|---|---|---|
0.5 SOMM | PGK 0.0006452 PGK | PGK 0.0006468 PGK | PGK 0.001039 PGK | PGK 0.002165 PGK |
1 SOMM | PGK 0.00129 PGK | PGK 0.001294 PGK | PGK 0.002078 PGK | PGK 0.004329 PGK |
5 SOMM | PGK 0.006452 PGK | PGK 0.006468 PGK | PGK 0.01039 PGK | PGK 0.02165 PGK |
10 SOMM | PGK 0.0129 PGK | PGK 0.01294 PGK | PGK 0.02078 PGK | PGK 0.04329 PGK |
50 SOMM | PGK 0.06452 PGK | PGK 0.06468 PGK | PGK 0.1039 PGK | PGK 0.2165 PGK |
100 SOMM | PGK 0.129 PGK | PGK 0.1294 PGK | PGK 0.2078 PGK | PGK 0.4329 PGK |
500 SOMM | PGK 0.6452 PGK | PGK 0.6468 PGK | PGK 1.04 PGK | PGK 2.16 PGK |
1,000 SOMM | PGK 1.29 PGK | PGK 1.29 PGK | PGK 2.08 PGK | PGK 4.33 PGK |
Frequently asked questions
Right now, 1 Sommelier is worth about PGK 0.00129.
Based on the current rate, you could get 775.00 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 3,875.01 SOMM. Inversely, 5 SOMM will cost about PGK 0.006452
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 LinkPool, NOOT (Ordinals), and FintruX Network. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.
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