Sommelier Price (SOMM)

The live Sommelier (SOMM) price today is --, with a 0.15% change over the past 24 hours. The current SOMM to USD conversion rate is -- per SOMM.
Sommelier currently ranks #- by market capitalization at $ 213,658, with a circulating supply of 372.38M 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 -0.32% in the last hour and -6.43% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of Sommelier is $ 213.66K, with a 24-hour trading volume of --. The circulating supply of SOMM is 372.38M, with a total supply of 500000000.0. Its Fully Diluted Valuation (FDV) is $ 286.88K.
-0.32%
+0.15%
-6.43%
-6.43%
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 | +0.15% |
| 30 Days | $ 0 | -46.75% |
| 60 Days | $ 0 | -54.63% |
| 90 Days | $ 0 | -- |
In 2040, the price of Sommelier could potentially see a growth of 0.00%. It could reach a trading price of $ --.
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.
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What is Sommelier's current price?
Sommelier trades at $0.00057377, reflecting a price movement of 0.14% over the last 24 hours.
What is the market cap and rank of SOMM?
With a market cap of $213658, SOMM is ranked #5829 globally, showcasing its footprint in the cryptocurrency landscape.
How much trading volume does Sommelier generate daily?
It recorded $-- in 24-hour volume, indicating strong interest among traders and deep liquidity conditions.
What is the circulating supply of SOMM?
There are 372378651.0 tokens circulating in the open market.
What is the 24-hour price range?
Sommelier fluctuated between $0.00056372 and $0.00057741, reflecting daily volatility.
How does Sommelier compare to its ATH?
Its all-time high is $7.09, offering a benchmark for long-term potential.
What long-term fundamentals influence SOMM?
Fundamentals include supply mechanics, adoption trends within the Cosmos Ecosystem,Ethereum Ecosystem,Osmosis Ecosystem,Restaking,LRTfi,Multicoin Capital Portfolio,Alameda Research Portfolio category, and development momentum on the -- network.
How does SOMM behave under different market conditions?
During high-volume periods, liquidity improves, and spreads tighten. In low-volume periods, price swings may become more erratic due to reduced depth.
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|---|---|---|
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