Chia Tops 24-Hour Volume of $3.83 Million (XCH)

Chia (XCH) traded down 0.1% against the US dollar during the 1 day period ending at 16:00 PM E.T. on June 16th. One Chia coin can now be purchased for $26.95 or 0.00040553 BTC on exchanges. Chia has a market cap of $284.57 million and $3.83 million worth of Chia was traded on exchanges in the last day. During the last week, Chia has traded down 5.1% against the US dollar.

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

• KILT Protocol (KILT) traded down 0.8% against the dollar and now trades at $0.22 or 0.00000338 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.5% higher against the dollar and now trades at $0.0104 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Chia Profile

Chia launched on March 10th, 2021. Chia’s total supply is 31,560,950 coins and its circulating supply is 10,560,950 coins. The Reddit community for Chia is https://reddit.com/r/chia and the currency’s Github account can be viewed here. The official website for Chia 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.

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 acquire Chia should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Chia using one of the exchanges listed above.

XCH/USD price chart by TradingView