Amount
XCH
1 XCH = 33.24USD
Rate is for reference only. Updated
As a seasoned financial analyst with years of experience in both traditional and digital markets, I bring a wealth of knowledge to the table when it comes to understanding and navigating the complex world of currencies and cryptocurrencies. My expertise is not merely theoretical; I have actively engaged in analyzing market trends, studying economic indicators, and assessing the intricate dynamics that drive the value of various financial instruments.
Let's delve into the key concepts outlined in the provided information:
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AmountX:
- This term seems to represent a quantity of an unspecified financial asset or currency. The letter "X" might signify a variable or a placeholder for the specific currency or asset being referred to.
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CHF (Swiss Franc):
- CHF stands for the Swiss Franc, the official currency of Switzerland. It is known for its stability and is often considered a safe-haven currency in the global financial markets.
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Fiat Currency:
- Fiat currency refers to a government-issued currency that is not backed by a physical commodity like gold or silver but derives its value from the trust and confidence of the people who use it. The mention of CHF implies that we are dealing with a fiat currency.
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Cryptocurrency:
- Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. It operates on decentralized networks based on blockchain technology. The information provided doesn't specify a particular cryptocurrency, but it implies that there is a connection between the Swiss Franc and a cryptocurrency denoted by "XCH."
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1 XCH = 33.24 USD:
- This exchange rate indicates the value of 1 unit of the cryptocurrency (XCH) in terms of US dollars (USD). It suggests that the cryptocurrency has a valuation of 33.24 USD. This rate is likely subject to market fluctuations and serves as a reference point for conversion.
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Rate is for reference only. Updated:
- The statement emphasizes that the mentioned exchange rate is for reference purposes and is subject to change. It implies that the cryptocurrency's value relative to the US dollar is dynamic, and users should be aware that the provided rate may not be the current rate at the time of reference.
In conclusion, the information provided revolves around the exchange rate between a cryptocurrency denoted as XCH and the Swiss Franc (CHF), with a reference point of 1 XCH being equivalent to 33.24 USD. Understanding the dynamics of fiat currencies, cryptocurrencies, and exchange rates is crucial for anyone navigating the intricate landscape of modern financial markets.
FAQs
About Chia Network
How much is Chia coin worth in dollars? ›
Price of XCH today
The live price of Chia is $ 19.72 per (XCH / USD) with a current market cap of $ 210.62M USD. 24-hour trading volume is $ 4.25M USD. XCH to USD price is updated in real-time. Chia is -2.35% in the last 24 hours with a circulating supply of 10.68M.
What is the price prediction for Chia? ›
Chia Price Prediction 2024
Technical analysis showed that Chia is expected to range between $9.81 and $30.68, with the average price of $20.87 in 2024. That being said, if you buy Chia at the current price of $19.97, the potential ROI for you in 2024 is +4%.
How much is 10 xch in usd? ›
Latest XCH to USD price calculator
Chia | US Dollar |
---|
10 XCH | 202.30 USD |
25 XCH | 505.75 USD |
50 XCH | 1011.50 USD |
100 XCH | 2023.00 USD |
10 more rows
How much has the XCH price dropped? ›
Chia price in US Dollar has decreased by -18.60% in the last 1 month. XCH is down -16.92% against Ethereum and down -17.60% against Bitcoin in the last 1 month.
Is Chia coin worth it? ›
About Chia
The Chia price is $20.13, a change of -1.46% over the past 24 hours as of 5:00 p.m. The recent price action in Chia left the Read more... Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Will Chia price recover? ›
According to the chart indicators, the experts foresee the cost of the Chia network to dip even lower, before it will start its recovery.
How much will chia cost in 5 years? ›
Long-term Chia price prediction for 2025, 2026, 2027, 2028, 2029 and 2030
Year | Yearly Low | Yearly High |
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2025 | $ 20.14 | $ 94.95 |
2026 | $ 16.81 | $ 53.37 |
2027 | $ 18.43 | $ 37.68 |
2028 | $ 27.18 | $ 64.03 |
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Is Chia a good buy? ›
Yes, chia seeds can be considered a healthy choice. They're rich in plant-based protein, impressively high in fibre and contain good amounts of omega-3 fatty acids.
What will Chia price be in 2024? ›
Chia's Long Term Price Prediction
Years | Avg Price | Highest Price |
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2024 | $21.43 | $25.71 |
2025 | $51.73 | $62.08 |
2026 | $64.67 | $77.60 |
2027 | $80.84 | $97.00 |
8 more rows
XCH is used for block reward payments and gas fees. DApps on the Chia Network may also use XCH for their own application-specific purposes, such as NFT trading.
What currency does Chia use? ›
Chia (XCH) and the US Dollar (USD) are two distinct forms of value storage and exchange, each with its unique characteristics. Chia, a layer 1 blockchain, operates on a proof-of-space-and-time (PoST) consensus mechanism, which aims to reduce energy consumption without sacrificing network security.
How much Chia coin is in supply? ›
Chia Price Data
The token has a circulating supply of 10.7M tokens out of a total supply of 31.7M tokens. Chia (XCH) is a new cryptocurrency created by Bram Cohen, the founder of BitTorrent, with the goal of providing a sustainable alternative to Bitcoin.
Does Chia Network have a future? ›
Chia (XCH) Price Prediction 2026
However, based on current trends and potential advancements in technology, experts believe that XCH Coin's value could reach even higher levels in the upcoming years. By 2026, some experts predicted that Chia Coin could be worth over $197.61.
Is XCH a good investment? ›
The experts have differing opinions on XCH-T, with one noting that Chinese stocks have underperformed due to political interference but XCH-T is showing signs of bottoming out and rebounding. They advise starting with a small position and increasing if the stock continues to rise.
What will Chia price be in 2030? ›
Chia Network (XCH) Price Prediction 2030
Its potential worth by 2030 is $1,688.77. If the market drops, the XCH is predicted to recover slightly. The range of possible final prices for 2030 is $1,380.69 to $1,688.77, with an average of $1,430.90.
What is Chia coin used for? ›
Chia was created in 2021 by the author of the BitTorrent protocol. Many of the proof-of-storage coins are used to store actual data for others. These function like a distributed file storage service. One group (the miners) makes their hard drive space available for others to use, who then pay for that service.
Is Chia coin safe? ›
Unlike Proof of Stake blockchains, Chia is less susceptible to attacks or manipulations and avoids the issue of "the rich get richer" and centralization resulting from staking. Chia provides security comparable to Bitcoin along with the functional advantages of a smart coin environment operating on the blockchain.
What is the value of the Chia currency? ›
The live price of Chia is $ 19.94 per (XCH / USD) with a current market cap of $ 213.20M USD. 24-hour trading volume is $ 4.42M USD. XCH to USD price is updated in real-time. Chia is +1.46% in the last 24 hours with a circulating supply of 10.69M.
Can I buy Chia coin? ›
Where Can You Buy Chia Network (XCH)? Chia Network (XCH) is available on Huobi, Gate.io, Uniswap (V2), KuCoin and OKEx.