![]() ![]() The transparency blockchain technology offers is of particular importance to SONM. “Additionally, using blockchain to manage settlements on-platform with the help of the SNM cryptocurrency allows the interests of participants to be protected.” “Blockchain enables the creation of a genuinely open decentralized system without a single control center,” Antonov said. ![]() SONM is completely decentralized, which means the platform is transparent and free from ownership, and the company claims it is less expensive than centralized competitors. Suppliers - the computing power owners - earn SNM tokens when they sell computer resources to consumers. When the power resource is theirs, consumers can then take advantage of SONM’s capabilities to render videos, host apps and websites, make scientific calculations, manage data storage, or work with machine learning. Consumers who connect to the virtual space can either select a rental time or buy available power for their projects, and then calculate the cost accordingly. The marketplace consists of suppliers and consumers that either rent out or purchase computing power to perform their tasks. “More than 500 participants of the SONM community have been involved in beta-testing of the platform and are giving us valuable feedback,” SONM cofounder Aleksei Antonov told me. Using that platform, developers have been able to test SONM’s fog computing services and send critical feedback and improvement recommendations, all ahead of the product’s first commercial release this summer. You can copy SNM’s contract address (0x46d0dac0926fa16707042cadc23f1eb4141fe86b) and import it manually, or if you've installed MetaMask's chrome extension, add SNM to MetaMask with one click on CoinGecko.SONM successfully raised $42 million at the end of 2017, and the startup released its MVP Testnet in December of that year. To add them, you’ll need to import SNM as a token. How to add SONM (SNM) to MetaMask?Īdding SONM (SNM) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. ![]() The community is bullish as more than 66% of users are feeling good about SONM (SNM) today. What is the market sentiment of SONM today? With a price decline of -1.90% in the last 7 days, SONM (SNM) is underperforming the global cryptocurrency market which is up 2.70%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%. How does the price performance of SONM compare against its peers? Market cap is measured by multiplying token price with the circulating supply of SNM tokens (44 Million tokens are tradable on the market today). Market capitalization of SONM (SNM) is $32,741,863 and is ranked #613 on CoinGecko today. Comparatively, the current price is 19,134.50% higher than the all-time low price. The lowest price paid for SONM (SNM) is $0.003841466174, which was recorded on (about 3 years). Comparatively, the current price is -93.20% lower than the all-time high price. ![]() The highest price paid for SONM (SNM) is $10.91, which was recorded on (5 months). What is the all-time high for SONM (SNM)? The trading volume of SONM (SNM) is $5,465,051.19 in the last 24 hours, representing a -67.80% decrease from one day ago and signalling a recent fall in market activity. What is the daily trading volume of SONM (SNM)? Other popular options include Bitget and XT.COM. The most popular exchange to buy and trade SONM is Binance, where the most active trading pair SNM/BUSD has a trading volume of $4,640,953.70 in the last 24 hours. SNM tokens can be traded on centralized crypto exchanges. With a circulating supply of 44 Million SNM, SONM is valued at a market cap of $32,741,863. This represents a -3.30% price decline in the last 24 hours and a -1.80% price decline in the past 7 days. The price of SONM (SNM) is $0.738142 today with a 24-hour trading volume of $5,464,183. ![]()
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