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SONM

SNM

Rank #3767

$0.003161

-12.24%
24H Low$0.003052
$0.00363624H High
24H Volume
$21547
All-Time High(ATH)
$10.91
All-Time Low(ATL)
$0.002200
Market Cap
$143821
Fully Diluted Valuation
$143821
Market Cap/FDV
100%
Circulating Supply
44.4 M SNM
Total Supply
44.4 M SNM
Max Supply
Market Sentiment
Neutral
* Data from 3rd parties

SONM (SNM) Price Trends

Time period
Change amount
% Change
1H
$--
-0.041%
24H
$--
-12.24%
7D
$--
-4.38%
30D
$--
-8.47%
1Y
$-0.7200
-99.56%

Live SONM (SNM) Price Update

SONM price today is $0.003161 with a 24-hour trading volume of $21547, and as such SONM has a market cap of $143821, giving it a market dominance of 4.88%. The SONM price moved -12.24% in the last 24 hours.

SONM reached its highest price on 2022-11-20 when it was trading at its all-time high of $10.91, while its lowest price was recorded on 2023-10-19 when it was trading at its all-time low of $0.002200. The current lowest price since the last cycle high was $0.002200, and the highest price since the last cycle low was $10.91. The social sentiment of SONM is currently Positive.

The current circulating supply of SONM is $44.4 M SNM. In terms of market cap, SONM is currently ranked 3767.

About SONM (SNM)

SONM will conduct token upgrade exchange from April 20, 2021 to July 1, 2021, with the aim of establishing a mixed ERC-20+BEP-20 token indicator. The total supply of SNM tokens will decrease from 444 million to 44.4 million, with a renaming rate of 10:1. After the exchange, SNM ERC-20 and SNM BEP-20 will coexist, while the total supply remains unchanged. SONM is a universal fog supercomputer with globally distributed computing power. The purpose of the SONM project is to provide a secure and cost-effective way to put it into use in the free market, running in general purpose computing work fields, from game servers to scientific computing! Basic scientific calculations that continuously require a large amount of computing power can easily run on SONM, including social statistics, climate prediction, bioinformatics, aerodynamics, drug development, modeling, and meteor trajectory modeling.

FAQs

1. What determines the price movement 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.
Investors 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.

SONM Tokenomics

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SONM Analysis

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