Chia Reaches Self Reported Market Capitalization of $183.91 Million (XCH)

Chia (XCH) traded 7.6% lower against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on March 10th. Chia has a market cap of $183.91 million and $9.69 million worth of Chia was traded on exchanges in the last day. One Chia coin can now be purchased for approximately $12.80 or 0.00016069 BTC on exchanges. Over the last seven days, Chia has traded 29.2% lower against the U.S. dollar.

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

• Taiko (TAIKO) traded down 3.9% against the dollar and now trades at $0.74 or 0.00000931 BTC.
• 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 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.9% lower against the dollar and now trades at $81,339.62 or 1.02084892 BTC.
• SolvBTC (SOLVBTC) traded 3.9% lower against the dollar and now trades at $80,235.93 or 1.00699701 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Chia

Chia’s genesis date was March 19th, 2021. Chia’s total supply is 32,332,509 coins and its circulating supply is 14,363,606 coins. Chia’s official message board is www.chia.net/blog. The Reddit community for Chia is https://reddit.com/r/chia and the currency’s Github account can be viewed here. 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 purchase alternative cryptocurrencies such as Chia directly using U.S. dollars. Investors seeking to trade Chia should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Chia using one of the exchanges listed above.

XCH/USD price chart by TradingView