Chia Self Reported Market Capitalization Tops $194.68 Million (XCH)

Chia (XCH) traded 3.5% higher against the dollar during the 1-day period ending at 8:00 AM E.T. on October 25th. One Chia coin can now be bought for about $14.12 or 0.00020754 BTC on popular cryptocurrency exchanges. Chia has a total market capitalization of $194.68 million and approximately $5.98 million worth of Chia was traded on exchanges in the last 24 hours. In the last week, Chia has traded down 6.4% against the dollar.

Here’s how similar cryptocurrencies have performed in 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 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% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded up 0.3% against the dollar and now trades at $164.22 or 0.00241386 BTC.

Chia Coin Profile

Chia was first traded on March 10th, 2021. Chia’s total supply is 32,163,754 coins and its circulating supply is 13,788,854 coins. The official website for Chia is www.chia.net. The Reddit community for Chia is https://reddit.com/r/chia and the currency’s Github account can be viewed here. Chia’s official Twitter account is @chia_project and its Facebook page is accessible here. The official message board for Chia is www.chia.net/blog.

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 purchase alternative cryptocurrencies such as Chia directly using U.S. dollars. Investors seeking to trade Chia should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Chia using one of the exchanges listed above.

XCH/USD price chart by TradingView