Chia Price Tops $16.50 on Major Exchanges (XCH)

Chia (XCH) traded 3.4% lower against the U.S. dollar during the 24-hour period ending at 16:00 PM Eastern on August 3rd. Chia has a total market capitalization of $177.90 million and approximately $6.94 million worth of Chia was traded on exchanges in the last 24 hours. In the last seven days, Chia has traded down 15.8% against the U.S. dollar. One Chia coin can now be purchased for approximately $16.50 or 0.00027401 BTC on 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 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.5% against the dollar and now trades at $0.0123 or 0.00000020 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 down 18.1% against the dollar and now trades at $0.0822 or 0.00000137 BTC.

Chia Coin Profile

Chia was first traded on March 10th, 2021. Chia’s total supply is 31,782,993 coins and its circulating supply is 10,782,993 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 Twitter account is @chia_project and its Facebook page is accessible here. 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.”

Chia Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Chia directly using US dollars. Investors seeking to trade Chia should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Chia using one of the exchanges listed above.

XCH/USD price chart by TradingView