Chia Hits Self Reported Market Capitalization of $222.74 Million (XCH)

Chia (XCH) traded up 1.4% against the dollar during the one day period ending at 11:00 AM E.T. on October 12th. Over the last seven days, Chia has traded up 7% against the dollar. One Chia coin can currently be bought for $16.22 or 0.00025640 BTC on popular exchanges. Chia has a market cap of $222.74 million and $5.06 million worth of Chia was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0.3% higher against the dollar and now trades at $0.0543 or 0.00000086 BTC.
• P2P Solutions foundation (P2PS) traded up 1.5% against the dollar and now trades at $160.03 or 0.00252920 BTC.

Chia Coin Profile

Chia was first traded on March 10th, 2021. Chia’s total supply is 32,104,541 coins and its circulating supply is 13,729,640 coins. The official message board for Chia is www.chia.net/blog. Chia’s official website is www.chia.net. Chia’s official Twitter account is @chia_project and its Facebook page is accessible here. The Reddit community for Chia is https://reddit.com/r/chia and the currency’s Github account can be viewed here.

According to CryptoCompare, “Chia (XCH) is a cryptocurrency developed by Chia Network Inc. that uses a “proof of space and time” (PoST) consensus mechanism. The native token, XCH, is used to reward “farmers” who allocate unused disk space to secure the network. Chia aims to reduce the environmental impact of crypto farming and mining. XCH is used as a reward mechanism, for transaction fees, and as a digital medium of exchange. Chia was created by Chia Network Inc., co-founded in 2017 by Bram Cohen, the inventor of BitTorrent.”

Buying and Selling Chia

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

XCH/USD price chart by TradingView