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    $0.690963 $ 0.690963
    +¥5204,24 -8.7% 1D
    1D 1M 1Y ALL
    Updated:
    LOADING DATA
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    Market Cap (USD)
    30.69M
    24H Volume
    11.4M
    Circulating Supply
    44.4M SNM
    Max Supply
    --
    All Time High
    10.91
    Rank
    505

    About

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    • About SONM (SNM)

      The 24 hour trading volume of SONM is $10,999,844. The all-time high price of SONM is $10.91 on Nov 20, 2022 (12 days). The all-time low price of SONM is $0.003841466174 on Mar 13, 2020 (over 2 years). What is NFT wash trading? Read on to find out how and why people wash trade their NFTs.
      Expand

    SONM FAQs

    • 1. What determines the price of SONM?
      There are two schools of thought in determining the price of SONM.

      By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of SONM, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of SONM from a long term perspective.

      By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of SONM on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for SONM as well.

      HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for SONM and the cryptocurrency market as a whole.
    • 2. What is the highest price of SONM in history?
      SONM achieved the all-time high of $10.91 in 2021-04-30, and is currently trading at $0.69.
    • 3. What is the lowest price of SONM in history?
      In 2020-03-13, SONM reached the all-time low of $0.0038.
    • 4. Should I buy SONM now?
      It is important to remember that SONM, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

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