Sommelier Price (SOMM)
Unlisted
Sommelier Price (SOMM)
1 SOMM to USD Live Price:
Sommelier (SOMM) Price Information (USD)
+1.25%
+13.00%
-10.21%
-10.21%
Sommelier (SOMM) real-time price is $0.00124736. Over the past 24 hours, SOMM traded between a low of $ 0.00110247 and a high of $ 0.00124744, showing active market volatility. SOMM's all-time high price is $ 7.09, while its all-time low price is $ 0.
In terms of short-term performance, SOMM has changed by +1.25% over the past hour, +13.00% over 24 hours, and -10.21% in the past 7 days. This provides you with a quick overview of its latest price trends and market dynamics on MEXC.
Sommelier (SOMM) Market Information
The current Market Cap of Sommelier is $ 456.58K, with a 24-hour trading volume of --. The circulating supply of SOMM is 366.03M, with a total supply of 500000000.0. Its Fully Diluted Valuation (FDV) is $ 623.68K.
Sommelier (SOMM) Price History USD
During today, the price change of Sommelier to USD was $ +0.00014348.
In the past 30 days, the price change of Sommelier to USD was $ +0.0000788896.
In the past 60 days, the price change of Sommelier to USD was $ +0.0004803696.
In the past 90 days, the price change of Sommelier to USD was $ -0.0008897304369055876.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ +0.00014348 | +13.00% |
| 30 Days | $ +0.0000788896 | +6.32% |
| 60 Days | $ +0.0004803696 | +38.51% |
| 90 Days | $ -0.0008897304369055876 | -41.63% |
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!
Sommelier Price Prediction (USD)
How much will Sommelier (SOMM) be worth in USD tomorrow, next week, or next month? What could your Sommelier (SOMM) assets be valued at in 2025, 2026, 2027, 2028 — or even 10 or 20 years from now? Use our price prediction tool to explore both short-term and long-term forecasts for Sommelier.
Check the Sommelier price prediction now!
SOMM to Local Currencies
Sommelier (SOMM) Tokenomics
Understanding the tokenomics of Sommelier (SOMM) can provide deeper insight into its long-term value and growth potential. From how tokens are distributed to how the supply is managed, tokenomics reveal the core structure of a project's economy. Learn about SOMM token's extensive tokenomics now!
People Also Ask: Other Questions About Sommelier (SOMM)
Sommelier (SOMM) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 08-16 16:39:00 | Industry Updates | This week's combined trading volume of spot Bitcoin and Ethereum ETFs reached a historic high, thanks to the surge in Ethereum ETF trading volume |
| 08-16 14:30:00 | Industry Updates | Ethereum pullback drives altcoin decline, spot ETFs record net outflows, crypto stocks fall in tandem |
| 08-16 04:04:00 | Currency Policy | Fed Announces Termination of Specific Regulatory Program for Banks' Cryptocurrency Business |
| 08-15 19:17:00 | Industry Updates | Market pullback affects meme coins, CLIPPY, SPARK, TROLL drop over 30% from monthly highs |
| 08-15 15:35:00 | Industry Updates | Data: Over the past 30 days, the amount of ETH purchased by Ethereum strategy entities and ETFs is 47 times the network's net issuance |
| 08-15 11:48:00 | Industry Updates | Crypto market falls across the board, total market cap down 3.9% in 24 hours, US stock indices close nearly flat |
Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.