Sommelier (SOMM)
1. Fundamental Analysis
1.1 Introduce
Sommelier is a decentralized asset management protocol that enables dynamic, automated DeFi vaults. Vaults can do portfolio management, trade long or short, borrow and lend, or even farm. By harnessing the power of off-chain computation, Sommelier vaults can adapt to changing market conditions, which allows them to be more effective than the static vaults typically seen in DeFi. All vaults on the Sommelier platform are enabled by audited smart contracts and controlled by protocol governance.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | SOMM | Market Cap | 3868177.65 |
| Name | Sommelier | White Paper | -- |
| Web Site | https://www.sommelier.finance/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 500000000 | |
| Supply | 500000000 | Release Date | |
| Available Supply | 310697000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.01299 | 0.01299 | 0.0124 | 0.01248 | 46.5117167 |
| 2024-12-31 | 0.01299 | 0.01299 | 0.01275 | 0.01278 | 104.8357306 |
| 2024-12-30 | 0.01207 | 0.01385 | 0.01 | 0.013 | 1662.5523474 |
| 2024-12-29 | 0.01439 | 0.0145 | 0.0113 | 0.0137 | 958.6623211 |
| 2024-12-28 | 0.01279 | 0.01433 | 0.01279 | 0.01407 | 387.9913916 |
| 2024-12-27 | 0.01388 | 0.01453 | 0.01 | 0.01362 | 2849.4541616 |
| 2024-12-26 | 0.01527 | 0.01554 | 0.01363 | 0.01378 | 1354.228943 |
| 2024-12-25 | 0.01697 | 0.01697 | 0.01455 | 0.01523 | 1791.4549702 |
| 2024-12-24 | 0.01582 | 0.01906 | 0.01451 | 0.01671 | 2790.1407942 |
| 2024-12-23 | 0.01289 | 0.01903 | 0.01289 | 0.01571 | 2246.645743 |
| 2024-12-22 | 0.01389 | 0.01892 | 0.0115 | 0.01312 | 5419.505367 |
| 2024-12-21 | 0.01756 | 0.01855 | 0.0111 | 0.01388 | 6643.9723798 |
| 2024-12-20 | 0.01831 | 0.01845 | 0.01554 | 0.01747 | 3385.4176332 |
| 2024-12-19 | 0.02045 | 0.02046 | 0.01816 | 0.01816 | 2426.6878525 |
| 2024-12-18 | 0.0221 | 0.0221 | 0.02047 | 0.02047 | 600.0150857 |
| 2024-12-17 | 0.02293 | 0.02305 | 0.0219 | 0.02204 | 553.3033981 |
| 2024-12-16 | 0.02389 | 0.02389 | 0.02289 | 0.02301 | 751.3810002 |
| 2024-12-15 | 0.024 | 0.024 | 0.02301 | 0.02353 | 553.3193015 |
| 2024-12-14 | 0.02522 | 0.02522 | 0.02365 | 0.02388 | 1128.1018525 |
| 2024-12-13 | 0.02557 | 0.02558 | 0.02396 | 0.02499 | 1804.3643273 |
| 2024-12-12 | 0.02797 | 0.02812 | 0.02561 | 0.02561 | 2828.7133421 |
| 2024-12-11 | 0.02781 | 0.03041 | 0.02777 | 0.02784 | 1933.6925675 |
| 2024-12-10 | 0.03121 | 0.03121 | 0.02684 | 0.02752 | 2083.61042 |
| 2024-12-09 | 0.03397 | 0.03491 | 0.03122 | 0.0314 | 7463.9705944 |
| 2024-12-08 | 0.03174 | 0.03488 | 0.03174 | 0.03329 | 3948.8983887 |
| 2024-12-07 | 0.03395 | 0.03454 | 0.02886 | 0.0311 | 5559.588387 |
| 2024-12-06 | 0.02779 | 0.03407 | 0.02779 | 0.03382 | 3781.501981 |
| 2024-12-05 | 0.02621 | 0.02863 | 0.02621 | 0.02787 | 2571.3982873 |
| 2024-12-04 | 0.02479 | 0.05 | 0.02422 | 0.02606 | 15326.8481021 |
| 2024-12-03 | 0.02374 | 0.02539 | 0.02374 | 0.02465 | 490.7873383 |
2.2 Analysis
The 30-day OHLCV data shows a period of significant volatility followed by a consolidation and potential upward trend. Short-term price action is unpredictable, but a sustained break above recent highs suggests further upside potential. However, strong resistance levels exist, and failure to break through could lead to a period of sideways trading or a minor correction. Long-term outlook remains uncertain, requiring further data analysis.
