Convert Sommelier SOMM to Papua New Guinean Kina PGK

SOMM to PGK: 1 Sommelier converts to PGK 0.001463 PGK as of September 2 at 3:23 PM

PGK
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About Sommelier

Sommelier is falling this week. The current price of Sommelier is PGK 0.001463 per SOMM. With a circulating supply of 374,796,738 SOMM, it means that Sommelier has a total market cap of PGK 548,215.57. The amount of Sommelier traded has fallen by -PGK 21.35 in the last 24 hours, which is a 98.05% decrease. Additionally, in the last day, PGK 21.78 worth of SOMM has been traded.

The exchange rate of Sommelier is decreasing. The current value of 1 SOMM is PGK 0.001463 PGK. In other words, to buy 5 Sommelier, it would cost you PGK 0.007314 PGK. Inversely, PGK 1.00 PGK would allow you to trade for 683.67 SOMM while PGK 50.00 PGK would convert to 34,183.34 SOMM, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 8.4%. Meanwhile, in the last 24 hours, the rate has changed by 0.44%, and that the highest exchange rate of 1 SOMM to PGK was PGK 0.001463 PGK and the lowest 24 hour value was 1 SOMM for PGK 0.001436 PGK. Last month, 1 SOMM was worth PGK 0.001504 PGK. Today, it's down 2.97%. Looking back a year, Sommelier has changed by PGK 0.006802 PGK. That means that in a single year, the value of Sommelier has shrank by 79.94%.

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 0.001463Price
PGK 548.22KMarket cap
PGK 21.78Volume (24h)
374.8M SOMMCir. Supply

Conversion tables

SOMM to PGK values from Today at 3:23 pm

0.5 SOMM = PGK 0.0007314 PGK
1 SOMM = PGK 0.001463 PGK
5 SOMM = PGK 0.007314 PGK
10 SOMM = PGK 0.01463 PGK
50 SOMM = PGK 0.07314 PGK
100 SOMM = PGK 0.1463 PGK
500 SOMM = PGK 0.7314 PGK
1,000 SOMM = PGK 1.46 PGK

PGK to SOMM values from Today at

PGK 0.50 PGK = 341.83 SOMM
PGK 1.00 PGK = 683.67 SOMM
PGK 5.00 PGK = 3,418.33 SOMM
PGK 10.00 PGK = 6,836.67 SOMM
PGK 50.00 PGK = 34,183.34 SOMM
PGK 100.00 PGK = 68,366.67 SOMM
PGK 500.00 PGK = 341,833.36 SOMM
PGK 1,000.00 PGK = 683,666.72 SOMM

SOMM to PGK over time

SOMM
Today
24H
0.39%
1M
-2.84%
1Y
-365.02%
0.5 SOMM
PGK 0.0007314 PGK
PGK 0.0007285 PGK
PGK 0.0007521 PGK
PGK 0.003401 PGK
1 SOMM
PGK 0.001463 PGK
PGK 0.001457 PGK
PGK 0.001504 PGK
PGK 0.006802 PGK
5 SOMM
PGK 0.007314 PGK
PGK 0.007285 PGK
PGK 0.007521 PGK
PGK 0.03401 PGK
10 SOMM
PGK 0.01463 PGK
PGK 0.01457 PGK
PGK 0.01504 PGK
PGK 0.06802 PGK
50 SOMM
PGK 0.07314 PGK
PGK 0.07285 PGK
PGK 0.07521 PGK
PGK 0.3401 PGK
100 SOMM
PGK 0.1463 PGK
PGK 0.1457 PGK
PGK 0.1504 PGK
PGK 0.6802 PGK
500 SOMM
PGK 0.7314 PGK
PGK 0.7285 PGK
PGK 0.7521 PGK
PGK 3.40 PGK
1,000 SOMM
PGK 1.46 PGK
PGK 1.46 PGK
PGK 1.50 PGK
PGK 6.80 PGK

Frequently asked questions

Right now, 1 Sommelier is worth about PGK 0.001463.

Based on the current rate, you could get 683.67 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 3,418.33 SOMM. Inversely, 5 SOMM will cost about PGK 0.007314

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 DeDust, TRUMP, and Bancor Governance Token. For a more robust list of assets to explore, jump to the asset page dedicated to Sommelier.

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