Chia Self Reported Market Capitalization Achieves $188.05 Million (XCH)

Chia (XCH) traded down 2.3% against the US dollar during the 24-hour period ending at 8:00 AM Eastern on October 24th. Chia has a total market capitalization of $188.05 million and approximately $5.70 million worth of Chia was traded on exchanges in the last 24 hours. Over the last week, Chia has traded down 7.4% against the US dollar. One Chia coin can currently be purchased for approximately $13.64 or 0.00020305 BTC on major cryptocurrency exchanges.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 1.8% against the dollar and now trades at $163.71 or 0.00243651 BTC.

Chia Coin Profile

Chia’s launch date was March 10th, 2021. Chia’s total supply is 32,159,040 coins and its circulating supply is 13,784,133 coins. Chia’s official message board is www.chia.net/blog. 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. The official website for Chia is www.chia.net.

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, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Chia using one of the aforementioned exchanges.

XCH/USD price chart by TradingView