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Chia (XCH) Price Prediction 2022-2030

13 Jul, 2022 8 min read
Chia (XCH) Price Prediction

Traditional crypto coins have faced a negative reaction over environmental concerns due to the amount of energy they need for mining. The situation is different with Chia (XCH), which is generally considered an environmentally-friendly alternative to such traditional cryptocurrencies as Bitcoin and Ethereum. Chia's environmentally friendly approach to mining potentially makes it a lucrative solution for investors and crypto miners looking for possible money-making opportunities. The following Chia price prediction for 2022, 2025 and 2030 will make sense for everyone who needs to decide whether it's worth buying or selling Chia (XCH) in 2022 and beyond.

What is Chia (XCH)?

Chia is a blockchain smart transaction platform. It aims to maintain Bitcoin's philosophy but in a somewhat improved manner. According to Chia's whitepaper, the coin was released to make it easier to use cryptocurrency than cash.

Although the project maintains security levels similar to Bitcoin, it uses "a fraction of the energy" by using new inventions in applied cryptography, including a consensus mechanism called proofs-of-space-and-time, the first production use of BLS Signatures and the first use of a Verifiable Delay Function (VDF).

According to Chia's official website, the project has developed a smart transaction model which has achieved a "powerful (yet simple) higher-level language" called Chialisp. The programming language lets you write high-value and secure contracts. In addition, unlike Ethereum and other protocols, Chia (XCH) crypto coins are "strongly sandboxed," which increases security.

Chia Benefits

High levels of security are one of the major reasons why Chia (XCH) is worthy of your attention. It's difficult for hackers to analyse the blockchain to determine the crypto coin's type and view the code that created it.

The consensus mechanism used by the Chia project makes decentralisation easier. It allows everyone with free disk space and an internet connection to contribute to securing the network. As a result, it's made Chia "the most decentralised blockchain on the planet, with hundreds of thousands of full nodes securing the system".

Unlike Bitcoin, Chia's protocol doesn't allow pool operators to modify the blockchain. Instead, the project only makes the pool operators accountable for distributing rewards, which by no means leads to increased centralisation.

What is Chia coin?

Chia (XCH) is a relatively new crypto coin launched by BitTorrent's founder in 2018. It successfully launched and raised $61 million in funding in May 2021, backed by cryptocurrency venture capitalists.

Chia (XCH) crypto coin runs on the Chia Network and uses a specialised programming language called Chialisp. Unlike most mainstream cryptocurrencies, Chia is a public, open-source network.

It's one of the new players in the cryptocurrency market, positioning itself as an environmentally friendly alternative to other popular industry players. A lot of public attention is being paid to this crypto coin. Chia Network price prediction is also the focus of our attention.

Chia Founder

The Chia project was created by BitTorrent's founder, Bram Cohen, currently CEO of Chia. At the beginning of his career, Cohen worked as a programmer for Signet Assurance. He founded BitTorrent in 2001. The file-sharing blockchain platform has been hugely successful, with a market cap of $1.8 billion.

Bram Cohen, CEO of Chia

Chia White Paper

Chia's Business Whitepaper explains how "digital money should be easier to use than cash and harder to steal". According to the official document, everyone (from individuals to financial institutions) should be able to farm (Chia's version of mining) and participate in validating transactions.

The Chia Network lets everyone issue assets, titles, commodities and equities in a way that is interoperable, compliant with applicable laws and simple to ascertain who you may be trusting. According to the whitepaper, such assets should be tradeable 24 hours a day, 365 days a year on a spectrum of fully decentralised trustless peer-to-peer exchanges to centralised exchanges with multiple trust options.

Chia (XCH) Price Analysis

As of the time of writing this Chia (XCH) price prediction (10 July 2022), the coin's price was $42.17, with a 24-hour trading volume of $7,127,893. In the past 24 hours, the Chia (XCH) price decreased by 3.34%. The crypto coin had a market cap of $188,675,078 and a circulating supply of 4,473,665 XCH coins.

XCH price statistics (as of 10/07/22)

XCH current price

$42.17

Market cap

$188,675,078

Circulating supply

4,473,665 XCH

Total supply

25,473,665

Daily trading volume

$7,127,893

All-time high

$1,934.51 (3 May 2021)

All-time low

$26.10 (13 June 2022)

Website

chia.net

XCH price history

Chia price history
Chia price history

Chia (XCH) crypto coin's price rose to its record highs soon after its launch, surging to $1,934 on 3 May 2021. A couple of days later, on 6 May 2021, the crypto coin's price dropped to a low of $561.89, followed by significant volatility. On 15 May 2021, the crypto coin's price managed to spike to a high of $1,685.52 but started dropping right after wards.

It continued downward in summer 2021 and hit a low of $161.16 on 20 July 2021. On 16 March 2022, the crypto coin stuck at a record low of $64.01 but recovered slightly after that and reached the $67.45 value on 7 April 2022. 

Over the past three months, the Chia (XCH) price bounced from the $67.76 high to a low of $26.10. 

XCH technical analysis

Like most other cryptocurrencies, Chia (XCH) is having a hard time. In the past 24 hours, the crypto coin's price decreased by 3.84% from its current value. If we compare the current market cap with yesterday's, we can see that it's also down by 3.64%. In the past seven days, the crypto coin's price dropped from $41.90 to $45.07. Although the Chia (XCH) crypto coin has strong fundamentals, it would hardly become a profitable asset in the short term. 

The Chia Network is down by 40.70%, with a maximum price of $198.30 per coin and a minimum average price of $185.28 in the past four months.

Is Chia coin a good investment?

Chia (XCH) may be considered a beneficial long-term investment option. If everything goes well, it may hit its new all-time high in the next few years. 

Chia (XCH) price prediction 2022-2030

The Chia (XCH) coin currently faces a huge price drop, negatively affecting its popularity. The following Chia crypto price predictions should help you decide if it's a good time to invest in this crypto asset. 

WalletInvestor XCH price prediction for 2022, 2025 and 2030

According to the Chia price prediction shared by WalletInvestor, the crypto coin can be a bad, high-risk, one-year investment option. They do not expect the coin's value to rise in the future. According to WalletInvestor's analysts, the coin's price is more likely to crash than to grow. 

Gov Capital XCH price prediction for 2022, 2025 and 2030

Gov Capital uses a custom algorithm based on deep learning that helps users to decide if Chia (XCH) could be a good portfolio addition for the future. According to their prediction system, the crypto coin's price value is set at $0 (-100%) in a year. That means that if you invest $100 in Chia (XCH) today, your investment would be worth $0 in a year. 

Gov Capital does not recommend you add the crypto coin to your trading portfolio. 

Coin Codex XCH price prediction for 2022, 2025 and 2030

According to the Chia price prediction provided by Coin Codex, the Chia (XCH) price will drop by 9.96% and reach $ 37.34 by 15 July 2022. According to their technical indicators, the current sentiment is Bearish, while the Fear & Greed Index shows 24 (Extreme Fear). In addition, Chia recorded 18/30 (60%) green days with 17.17% price volatility over the last 30 days. Therefore, based on the XCH price prediction by Coin Codex, it's now a bad time to buy Chia.

CoinCodex Chia Price Prediction

The table above reveals the Chia (XCH) price over the long term, namely by the end of 2023, 2024 and 2025, if its growth trajectory is followed by the growth of such tech companies as Google and Facebook.

In the best scenario, Chia's (XCH) price could reach $456.36 in 2025 if it follows Facebook's growth. If Chia follows Internet growth, the prediction for 2025 would be $ 89.95.

DigitalCoinPrice XCH price prediction for 2022, 2025 and 2030

As per the Chia (XCH) price prediction provided by DigitalCoinPrice, XCH's price is expected to cross $54.89. By the end of 2022, Chia is expected to reach a minimum price of $50.81. 

In 2023, the price of XCH is expected to exceed $59.44. By the end of the year, Chia is expected to reach a minimum fee of $55.71. 

As per the XCH price prediction for 2025, the price of XCH is expected to exceed $82.22. By the end of the year, Chia is expected to reach a minimum fee of $71.20. 

In 2030, the price of XCH is expected to exceed $186.50. By the end of the year, Chia is expected to reach a minimum fee of $184.94. In addition, XCH's price could reach a high of $190.89.

Chia's future forecast in general

The Chia Network has attracted the cryptocurrency community and the whole world with its promise to become an eco-friendly alternative to existing digital money.

The crypto coin hasn't been around for long, and whether it could repeat the success of Bitcoin, Ethereum or Dogecoin is still unknown. Although analysts do not expect the crypto coin to reach its all-time high values any time soon, Chia crypto price predictions are amazing and give us food for thought.

How high can XCH coin go?

The average price of Chia (XCH) could reach $107.91 by the end of 2022. If we look at potential performance five years from now, it is estimated that the coin will easily reach a value of $467.14.

XCH price prediction today

According to our Chia (XCH) price prediction for 2022, the crypto coin's price could reach a low of $104.47 by the end of the current year. After that, XCH's price could reach a high of $122.91 with an average trading price of $107.91.

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