77% of retail investor accounts lose money when trading CFDs with this provider.
|1 Sommelier = 0.10562 GBP||1 000 GBP = 9,467.94719 SOMM|
|100 Sommelier = 10.56195 GBP||100 000 GBP = 946,794.72 SOMM|
|Currently in circulation: 208,682,430 SOMM||The maximum amount of SOMM in circulation: 500,000,000|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current Sommelier price
|Current price||0.1056 GBP / 0.1328 USD / 0.1234 EUR|
|Total market value||22,039,137 GBP / 27,716,189 USD / 25,745,596 EUR|
|Price change in the last 24h||-6.80%|
|Price change in the last 7 days||-15.40%|
|Updated||Jun 10, 2023, 9.56 am|
In the last 24h, the price of the cryptocurrency Sommelier has decreased by 6.80%. Overall, it can be said that there is a decreasing trend because the value of the cryptocurrency Sommelier has decreased by 15.40% in the last 7 days. The total market value of the cryptocurrency Sommelier as of Jan 12, 2022, is 27,716,189 USD (roughly 22,039,137 GBP), which makes it the 552th most valuable cryptocurrency in the world.
Cryptocurrencies with similar market capitalisation: Origin Dollar | Sport and Leisure | Flamingo Finance
|Date||SOMM/USD||Price in GBP||Change in 24h|
|Jun 09, 2023||0.151 USD|
|Jun 08, 2023||0.144 USD|
|Jun 07, 2023||0.143 USD|
|Jun 06, 2023||0.146 USD|
|Jun 05, 2023||0.142 USD|
|Jun 04, 2023||0.157 USD|
|Jun 03, 2023||0.152 USD|
|Jun 02, 2023||0.159 USD|
|Jun 01, 2023||0.155 USD|
|May 31, 2023||0.151 USD|
|May 30, 2023||0.164 USD|
|May 29, 2023||0.164 USD|
|May 28, 2023||0.159 USD|
|May 27, 2023||0.138 USD|
You can open a demo account or a real money account. 77% of retail investor accounts lose money when trading CFDs with this provider.
Frequently asked questions
1️⃣ What will be the price of Sommelier in a day/week/month?
Predicting the SOMM price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is Sommelier worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not SOMM is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.