Chia (XCH) Self Reported Market Capitalization Achieves $81.25 Million

Chia (XCH) traded 2.1% lower against the dollar during the 24 hour period ending at 7:00 AM Eastern on January 20th. One Chia coin can currently be purchased for about $4.55 or 0.00004987 BTC on exchanges. Over the last week, Chia has traded down 13.4% against the dollar. Chia has a total market capitalization of $81.25 million and $2.90 million worth of Chia was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 1.7% against the dollar and now trades at $91,144.57 or 0.99968264 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 4.4% against the dollar and now trades at $90,695.84 or 0.99733289 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.

About Chia

Chia’s genesis date was March 17th, 2021. Chia’s total supply is 33,191,992 coins and its circulating supply is 17,870,220 coins. Chia’s official website is www.chia.net. The official message board for Chia is www.chia.net/blog. Chia’s official Twitter account is @chia_project and its Facebook page is accessible here. 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.”

Chia Coin Trading

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 GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Chia using one of the exchanges listed above.

XCH/USD price chart by TradingView