Sommelier Price (SOMM)
Sommelier Price (SOMM)
1 SOMM to USD Live Price:
Sommelier Price Today
The live Sommelier (SOMM) price today is --, with a 0.57% change over the past 24 hours. The current SOMM to USD conversion rate is -- per SOMM.
Sommelier currently ranks #- by market capitalisation at $ 333,814, with a circulating supply of 370.50M SOMM. During the last 24 hours, SOMM traded between $ 0 (low) and $ 0 (high), reflecting market activity. Its all-time high stands at $ 7.09, while the all-time low was $ 0.
In short-term performance, SOMM moved -0.01% in the last hour and -18.05% over the past 7 days. Over the past day, total trading volume reached --.
Sommelier (SOMM) Market Information
The current Market Cap of Sommelier is $ 333.81K, with a 24-hour trading volume of --. The circulating supply of SOMM is 370.50M, with a total supply of 500000000.0. Its Fully Diluted Valuation (FDV) is $ 450.50K.
Sommelier Price History USD
-0.01%
+0.57%
-18.05%
-18.05%
Sommelier (SOMM) Price History USD
During today, the price change of Sommelier to USD was $ 0.
In the past 30 days, the price change of Sommelier to USD was $ 0.
In the past 60 days, the price change of Sommelier to USD was $ 0.
In the past 90 days, the price change of Sommelier to USD was $ 0.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ 0 | +0.57% |
| 30 Days | $ 0 | -17.93% |
| 60 Days | $ 0 | -74.50% |
| 90 Days | $ 0 | -- |
Price Prediction for Sommelier
In 2040, the price of Sommelier could potentially see a growth of 0.00%. It could reach a trading price of $ --.
For real-time scenario projections and a more personalised analysis, users can utilise MEXC's Price Prediction Tool and AI Market Insights.
Want to know what price Sommelier will reach in 2025–2026? Visit our Price Prediction page for SOMM price predictions for the years 2025–2026 by clicking Sommelier Price Prediction.
What is Sommelier (SOMM)
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.
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
People Also Ask: Other Questions About Sommelier
Sommelier (SOMM) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 12-04 09:24:58 | Industry Updates | Crypto Market Rally Returns, ETF Capital Inflows Reach $1.1 Billion, Hitting a 7-Week High |
| 12-03 18:46:22 | Currency Policy | UK New Legislation: Cryptocurrencies Incorporated into "Personal Property" Protection System |
| 12-03 10:11:55 | Industry Updates | Crypto Market Shows Rebound with Widespread Gains, SUI and PENGU Up Over 20% |
| 12-03 06:23:37 | Industry Updates | $376 million liquidated across the market in the past 24 hours, mainly short positions |
| 12-03 00:03:54 | Industry Updates | 24-hour Spot Fund Inflow/Outflow Ranking: ETH Net Outflow of $126 Million, ZEC Net Outflow of $18.2 Million |
| 12-02 14:51:38 | Industry Updates | Older Solana ecosystem meme coins show significant rebound today, ZEREBRO up over 35% |
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Disclaimer
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