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 E.T. on May 5th. Chia has a market capitalization of $337.06 million and $5.34 million worth of Chia was traded on exchanges in the last day. One Chia coin can currently be purchased for $32.77 or 0.00051058 BTC on cryptocurrency exchanges. Over the last week, Chia has traded up 9.9% against the US dollar.

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

• KILT Protocol (KILT) traded 2.2% higher against the dollar and now trades at $0.30 or 0.00000474 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.4% lower against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Chia

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

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 currently 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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Chia using one of the aforementioned exchanges.

XCH/USD price chart by TradingView