🔍 Key News
1. Market Price & Volatility
SOMI is currently trading around US$1.14–1.20 on major exchanges.
Over the past 24 hours it’s down by about 5–7%, and over 7 days down about 12%.
The token saw a strong rise from earlier lows but pulled back from its all-time high, showing signs of increased price volatility.
2. Circulating Supply & Tokenomics
Circulating supply is approx 160.2 million SOMI out of a total maximum supply of 1 billion.
Some of the tokens remain locked, particularly those from team allocations or ecosystem funds.
Lock-ups/vests and upcoming unlock dates are being watched by the community.
3. Binance Listings & Product Support
SOMI is listed on Binance Spot, with multiple trading pairs including SOMI/USDT, SOMI/USDC, SOMI/BNB, SOMI/TRY etc.
Binance has made SOMI available in more of its product offerings: Simple Earn, Buy Crypto,
Convert, Margin, and Futures.
An airdrop event (“HODLer Airdrop”) was done via Binance to BNB holders.
4. Community Sentiment & Risks
The community is enthusiastic—particularly about the main net launch, and the potential in gaming / metaverse space.
But there are concerns around token unlocks/vesting which could lead to sell pressure.
Price swings post-listing are significant: there was a jump, then a pullback.
Support levels (~US$1.10-1.20) are being tested.
