Chia Hits Self Reported Market Capitalization of $263.22 Million (XCH)

Chia (XCH) traded 3.8% lower against the dollar during the twenty-four hour period ending at 9:00 AM Eastern on January 25th. Chia has a market capitalization of $263.22 million and approximately $5.90 million worth of Chia was traded on exchanges in the last day. Over the last week, Chia has traded down 15.2% against the dollar. One Chia coin can currently be bought for $18.94 or 0.00018111 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.5% against the dollar and now trades at $104,453.04 or 0.99864559 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.6% against the dollar and now trades at $103,893.34 or 0.99329447 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.

Chia Coin Profile

Chia launched on March 10th, 2021. Chia’s total supply is 32,332,509 coins and its circulating supply is 13,895,260 coins. Chia’s official Twitter account is @chia_project and its Facebook page is accessible here. Chia’s official website is www.chia.net. Chia’s official message board is www.chia.net/blog. 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.”

Chia Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Chia directly using U.S. dollars. Investors seeking to trade Chia should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini 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