Chia (XCH) Hits Self Reported Market Capitalization of $214.85 Million

Chia (XCH) traded 2.6% higher against the US dollar during the one day period ending at 23:00 PM ET on July 14th. One Chia coin can currently be purchased for about $20.09 or 0.00032156 BTC on popular cryptocurrency exchanges. In the last week, Chia has traded 9.7% higher against the US dollar. Chia has a total market capitalization of $214.85 million and approximately $4.79 million worth of Chia was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded up 2.3% against the dollar and now trades at $0.19 or 0.00000304 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 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 down 1% against the dollar and now trades at $0.0131 or 0.00000021 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 31,691,715 coins and its circulating supply is 10,691,909 coins. The Reddit community for Chia is https://reddit.com/r/chia and the currency’s Github account can be viewed here. The official message board for Chia is www.chia.net/blog. Chia’s official website is www.chia.net. 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 U.S. dollars. Investors seeking to trade Chia should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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