Chia Self Reported Market Cap Hits $195.43 Million (XCH)

Chia (XCH) traded up 6% against the dollar during the one day period ending at 17:00 PM ET on October 29th. Chia has a market capitalization of $195.43 million and approximately $5.95 million worth of Chia was traded on exchanges in the last 24 hours. One Chia coin can currently be bought for $14.15 or 0.00019537 BTC on major exchanges. Over the last week, Chia has traded down 0.7% against the dollar.

Here is how similar cryptocurrencies have performed over 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 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 3.9% higher against the dollar and now trades at $72,117.32 or 0.99557228 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.9% higher against the dollar and now trades at $71,923.85 or 0.99290144 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Chia Profile

Chia’s genesis date was March 10th, 2021. Chia’s total supply is 32,183,752 coins and its circulating supply is 13,809,131 coins. Chia’s official message board is www.chia.net/blog. Chia’s official website 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.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Chia using one of the aforementioned exchanges.

XCH/USD price chart by TradingView