Chia (XCH) Self Reported Market Capitalization Achieves $197.04 Million

Chia (XCH) traded down 4% against the dollar during the 24 hour period ending at 19:00 PM Eastern on October 22nd. Chia has a market capitalization of $197.04 million and $5.18 million worth of Chia was traded on exchanges in the last day. One Chia coin can currently be purchased for about $14.30 or 0.00021204 BTC on popular exchanges. Over the last seven days, Chia has traded 6.7% lower against the dollar.

Here is how related cryptocurrencies have performed over the last day:

• 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 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000140 BTC.
• P2P Solutions foundation (P2PS) traded down 1.5% against the dollar and now trades at $169.95 or 0.00251973 BTC.

About Chia

Chia was first traded on March 10th, 2021. Chia’s total supply is 32,152,219 coins and its circulating supply is 13,777,398 coins. 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. Chia’s official website is www.chia.net. 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.”

Buying and Selling Chia

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

XCH/USD price chart by TradingView