Chia Reaches Self Reported Market Capitalization of $149.86 Million (XCH)

Chia (XCH) traded down 1.7% against the U.S. dollar during the 1 day period ending at 8:00 AM ET on September 2nd. One Chia coin can now be bought for $13.72 or 0.00023458 BTC on popular cryptocurrency exchanges. During the last week, Chia has traded down 14.9% against the U.S. dollar. Chia has a total market cap of $149.86 million and approximately $5.14 million worth of Chia was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 3.4% lower against the dollar and now trades at $1.51 or 0.00002588 BTC.
• 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 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 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.
• Lumi Credits (LUMI) traded 8.9% higher 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 9.4% higher against the dollar and now trades at $0.0526 or 0.00000090 BTC.

About Chia

Chia was first traded on March 10th, 2021. Chia’s total supply is 31,919,573 coins and its circulating supply is 10,919,573 coins. Chia’s official Twitter account is @chia_project and its Facebook page is accessible here. The official website for Chia is www.chia.net. The official message board for Chia 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.”

Buying and Selling Chia

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

XCH/USD price chart by TradingView