Sommelier Price (SOMM)
Sommelier Price (SOMM)
1 SOMM to USD Live Price:
Sommelier Price Today
The live Sommelier (SOMM) price today is $ 0.00090886, with a 0.34% change over the past 24 hours. The current SOMM to USD conversion rate is $ 0.00090886 per SOMM.
Sommelier currently ranks #- by market capitalization at $ 337,375, with a circulating supply of 370.54M SOMM. During the last 24 hours, SOMM traded between $ 0.00089811 (low) and $ 0.00097595 (high), reflecting market activity. Its all-time high stands at $ 7.09, while the all-time low was $ 0.00067728.
In short-term performance, SOMM moved -0.68% in the last hour and -0.76% over the past 7 days. Over the past day, total trading volume reached --.
Sommelier (SOMM) Market Information
The current Market Cap of Sommelier is $ 337.38K, with a 24-hour trading volume of --. The circulating supply of SOMM is 370.54M, with a total supply of 500000000.0. Its Fully Diluted Valuation (FDV) is $ 455.25K.
Sommelier Price History USD
-0.68%
-0.33%
-0.76%
-0.76%
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 $ -0.0002894654.
In the past 60 days, the price change of Sommelier to USD was $ -0.0005461358.
In the past 90 days, the price change of Sommelier to USD was $ 0.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ 0 | -0.33% |
| 30 Days | $ -0.0002894654 | -31.84% |
| 60 Days | $ -0.0005461358 | -60.09% |
| 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 personalized analysis, users can utilize 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!
About Sommelier
What is the current price of Sommelier?
Sommelier is trading at ₱0.0538323647073149402000, experiencing a price movement of -0.33% over the last 24 hours. This figure reflects real-time pricing aggregated from global exchanges.
How does today's price compare to historical levels?
The ATH of Sommelier is ₱419.9452784530763000, while the ATL is ₱0.0401157317617347696000. Comparing the current price to these levels can help investors evaluate long-term potential and previous growth cycles.
What is the overall valuation of SOMM today?
The market capitalization sits at ₱19982939.11397836625000, placing the asset at rank #5241 among all cryptocurrencies.
How active is Sommelier's market participation?
The asset has generated ₱-- in 24-hour trading volume, showing how frequently traders are engaging with SOMM.
What is the circulating supply and why does it matter?
With 370539116.0 tokens currently circulating, supply dynamics influence scarcity, inflation rates, and long-term valuation trends.
What category does Sommelier fall under?
Sommelier is part of the Cosmos Ecosystem,Ethereum Ecosystem,Osmosis Ecosystem,Restaking,LRTfi,Multicoin Capital Portfolio,Alameda Research Portfolio classification, which groups it with other assets sharing similar utility or ecosystem roles.
How does -- impact SOMM's value proposition?
Operating on the -- network enables SOMM to leverage specific transaction speeds, fees, security models, and smart contract functionalities, contributing to its overall adoption.
People Also Ask: Other Questions About Sommelier
Sommelier (SOMM) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 12-10 15:28:09 | Industry Updates | Crypto Fear Index Rises to 22, Market Remains in "Extreme Fear" State |
| 12-09 18:21:38 | Currency Policy | Hong Kong Launches Public Consultation on Implementation of Crypto Asset Reporting Framework and Common Reporting Standard Amendments |
| 12-09 16:43:33 | Industry Updates | Bitcoin spot ETFs saw net outflows of $60.40 million yesterday, while Ethereum ETFs recorded net inflows of $35.50 million |
| 12-09 05:21:05 | Industry Updates | Ethereum Network Daily Total Payment Fees Hit Lowest Level Since July 2017 |
| 12-08 23:34:37 | Industry Updates | Digital asset investment products saw net inflows of $716 million last week |
| 12-08 21:19:13 | Industry Updates | Last Friday's Crypto ETF Fund Inflows Diverge: Mainstream Assets Under Pressure, Alternative Products Attract Capital Against the Trend |
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Disclaimer
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