Chia (XCH) Hits Self Reported Market Cap of $153.83 Million

Chia (XCH) traded 8.7% lower against the dollar during the 24-hour period ending at 20:00 PM ET on August 27th. One Chia coin can currently be purchased for about $14.13 or 0.00023890 BTC on exchanges. Chia has a market cap of $153.83 million and approximately $5.44 million worth of Chia was traded on exchanges in the last day. In the last week, Chia has traded 8% lower against the dollar.

Here’s how other cryptocurrencies have performed in 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 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 2.2% lower 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 12.6% against the dollar and now trades at $0.0529 or 0.00000089 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Chia Profile

Chia launched on March 10th, 2021. Chia’s total supply is 31,884,106 coins and its circulating supply is 10,884,106 coins. The official website for Chia 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. Chia’s official Twitter account is @chia_project and its Facebook page is accessible 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 acquire Chia should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. 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