The Chia network is one of the fastest and energy-efficient blockchain presently. The network was established in 2017 by Bram Cohen, the owner of BitTorrent, the famous peer-to-peer filesharing platform.
Before giving you the Chia Coin price prediction, let’s give you a little insight into the Chia Network (XCH).
What Is Chia Network?
The Chia Network makes use of less electricity-intensive consensus mechanism to improve upon proof-of-work (PoW) and proof-of-stake (PoS). The Chia Network combines proof-of time (PoT) and proof-of-space (PoS) to achieve Nakamoto consensus, these two function in distinct manners.
Miners are required to make use of their hard disk drives in storing unused storage by installing special software for allocation of free space which is thereafter used in solving a challenge, this is quite similar to puzzle-solving in PoW.
The Chia Network has its custom programminig language known as Chialisp, an on-chain programming language which is compatibl;e with smart contract taking vital components of Solidity, Ethereum, and Bitcoin Core while keeping behind Bitcoin’s UTXO model.
Chia Coin Current Statistics
The Chia Coin currently has a market cap of $243.08 million and a fully diluted market cap of $1.83 billion. It has a 24 hours trading volume of $11.91 million, the trading volume decreased to this point by 3.83% in the last 24 hours.
Chia Coin Price
The Chia Coin (XCH) is currently valued at $81.07, this value increased in the last 24 hours by 1.49%. SO now lets get down to the Chia Coin price prediction.
Chia Coin Price Prediction
The Chia Coin is expected to hit $262.05 in 2022, this is according to Uptobrain. DigitalCoin analysis predicts the Chia Coin to reach 426.359635 in 5 years. Read more of the Chia Coin price prediction Here.
How To Buy Chia Coin
You can buy the Chia Con with USDT on major exchanges like BitMart, BKEX, OKX, Hotcoin, LBank, Gate.io, DCoin, Huobi, CoinEX, and MEXC. Simply fund your account with USDT and search for the Chia Coin with the code; XCH/USDT.
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Please note that information provided on this page does not translate to an investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. We only make predictions based on our analysis, we do not give you any guarantee on any coin. Ensure that you Do Your Own Research before buying any coin.