SONM (SNM) Reaches Market Capitalization of $58.77 Million

SONM (SNM) traded flat against the US dollar during the 24 hour period ending at 22:00 PM E.T. on April 10th. During the last seven days, SONM has traded flat against the US dollar. One SONM coin can now be bought for approximately $0.16 or 0.00000478 BTC on major cryptocurrency exchanges. SONM has a market capitalization of $58.77 million and approximately $142,489.00 worth of SONM was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• Binance USD (BUSD) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00002368 BTC.
• Polygon (MATIC) traded down 2.3% against the dollar and now trades at $1.43 or 0.00003395 BTC.
• Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
• Dai (DAI) traded down 0.1% against the dollar and now trades at $1.00 or 0.00002367 BTC.
• Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
• Chainlink (LINK) traded down 2.4% against the dollar and now trades at $15.11 or 0.00035785 BTC.
• DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
• DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
• FTX Token (FTT) traded 1.5% lower against the dollar and now trades at $45.01 or 0.00106622 BTC.
• THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.

SONM Coin Profile

SONM is a coin. It launched on June 15th, 2017. SONM’s total supply is 444,000,000 coins and its circulating supply is 359,600,000 coins. The Reddit community for SONM is /r/SONM and the currency’s Github account can be viewed here. The official website for SONM is sonm.com. SONM’s official Twitter account is @sonmdevelopment and its Facebook page is accessible here.

According to CryptoCompare, “SONM is a a multi-purpose decentralized supercomputer for general purpose computing, allowig users to monetize their idle hardware and providing services that range from site hosting to scientific calculations. The SONM project implements a fog computing structure instead of a costly cloud structure, reducing middlemen fees. The SNM token is required to buy and sell computational power in the SONM network. “

SONM Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as SONM directly using US dollars. Investors seeking to acquire SONM should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase SONM using one of the exchanges listed above.