Chia (XCH) Self Reported Market Capitalization Achieves $337.06 Million

Chia (XCH) traded 1.4% lower against the US dollar during the 1 day period ending at 20:00 PM Eastern on May 5th. One Chia coin can currently be purchased for about $32.77 or 0.00051058 BTC on major cryptocurrency exchanges. During the last week, Chia has traded 9.9% higher against the US dollar. Chia has a market capitalization of $337.06 million and approximately $5.34 million worth of Chia was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded up 2.2% against the dollar and now trades at $0.30 or 0.00000474 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.
• Kitty Inu (KITTY) traded 1.9% higher 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.4% against the dollar and now trades at $0.0100 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 Coin Profile

Chia’s launch date was March 10th, 2021. Chia’s total supply is 31,286,435 coins and its circulating supply is 10,286,435 coins. The official message board for Chia is www.chia.net/blog. Chia’s official website is www.chia.net. 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.

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 buy alternative cryptocurrencies such as Chia directly using U.S. dollars. Investors seeking to acquire Chia should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. 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