🚨 New Listing: Somnia ($SOMI ) on #BinanceAlpha
Somnia just launched on Binance Alpha — price dumped from $2 → $0.66 before spot trading even begins. ⏰ In less than 1 hour it goes live for full trading.
What is Somnia?
Somnia is a high-performance, EVM-compatible Layer 1 designed for:
🎮 Gaming
🌐 Metaverse
👥 Social apps
⚡ Key features:
1M+ TPS (crazy throughput )
Sub-second finality (instant transactions /super fast)
EVM compatibility (easy for ETH devs)
MultiStream consensus = scalable PoS
Portable NFTs + on-chain avatars
Utility of SOMI:
💸 Pay transaction fees
🔒 Stake to secure the network (5M SOMI min for validators)
🗳️ Governance (vote on upgrades)
🔥 Tokenomics:
Total supply: 1B
50% of all transaction fees = burned (deflationary model)
86% already circulating
Validators + delegation = staking rewards
💡 Why it matters:
Somnia’s vision is a unified virtual society → one ID, one wallet, assets portable across games & worlds. If adoption hits, every tx burns tokens = supply squeeze over time.
👉 But right now? Huge volatility. “Seed Tag” applied on Binance = high risk, high reward.
Would you buy the dip at $0.66… or wait for the dust to settle?
