Chia 1-Day Volume Reaches $7.45 Million (XCH)

Chia (XCH) traded down 4.9% against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on January 29th. Chia has a total market capitalization of $233.62 million and approximately $7.45 million worth of Chia was traded on exchanges in the last 24 hours. In the last week, Chia has traded down 16.6% against the U.S. dollar. One Chia coin can now be bought for $16.79 or 0.00016448 BTC on major exchanges.

Here’s how other cryptocurrencies have performed in 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 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.
• 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.
• SolvBTC (SOLVBTC) traded down 0.6% against the dollar and now trades at $101,749.31 or 0.99679109 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.3% higher against the dollar and now trades at $101,428.27 or 0.99364601 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 launch date was March 10th, 2021. Chia’s total supply is 32,332,509 coins and its circulating supply is 13,914,420 coins. 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. The official message board for Chia is www.chia.net/blog. Chia’s official website is www.chia.net.

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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