Chia (XCH) Trading 16.8% Lower Over Last Week

Chia (XCH) traded 6.3% lower against the dollar during the 24-hour period ending at 10:00 AM ET on January 9th. One Chia coin can now be purchased for about $20.42 or 0.00022146 BTC on cryptocurrency exchanges. In the last seven days, Chia has traded 16.8% lower against the dollar. Chia has a total market capitalization of $278.74 million and approximately $10.54 million worth of Chia was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• 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 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.
• 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 2.4% lower against the dollar and now trades at $92,303.00 or 1.00122417 BTC.
• SolvBTC (SOLVBTC) traded 3% lower against the dollar and now trades at $92,188.60 or 0.99998325 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 was first traded on March 10th, 2021. Chia’s total supply is 32,332,509 coins and its circulating supply is 13,652,822 coins. 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. The official website for Chia is www.chia.net. Chia’s official message board 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 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