Chia (XCH) Hits 1-Day Volume of $18.11 Million

Chia (XCH) traded up 0.7% against the U.S. dollar during the 24 hour period ending at 21:00 PM Eastern on August 5th. Chia has a market capitalization of $169.65 million and $18.11 million worth of Chia was traded on exchanges in the last day. One Chia coin can currently be purchased for about $15.72 or 0.00027961 BTC on popular exchanges. In the last seven days, Chia has traded down 17.6% against the U.S. dollar.

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

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 2.1% against the dollar and now trades at $0.0119 or 0.00000021 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 18.6% lower against the dollar and now trades at $0.0627 or 0.00000114 BTC.

Chia Profile

Chia launched on March 10th, 2021. Chia’s total supply is 31,792,622 coins and its circulating supply is 10,793,010 coins. 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. The official website for Chia is www.chia.net. Chia’s official message board is www.chia.net/blog.

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 currently possible to purchase alternative cryptocurrencies such as Chia directly using US dollars. Investors seeking to acquire Chia should first purchase 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 purchase Chia using one of the aforementioned exchanges.

XCH/USD price chart by TradingView