Quote from: Bitcoin_Arena on November 10, 2022, 10:27:54 PM

The HDD mining hype was riding on the back of Bitcoin mining "consuming" a lot of energy and leading to climate change, as soon as that noise faded off, so did Chia and all the other so-called green coins

The initial price which was $1,500 fooled people into thinking mining the coin was so profitable, only for the continuous dump to happen. I don't think the coin will ever be worth anywhere near $1,500 again, even if it survives through the crypto winter

Chia (XCH) is being traded for $31.42 USD, this price, or something like 100USD is probably the fair price, but the peak of 1599 USD was only speculation in my opinion, and these prices can't be reached again.
At that time people was excited about HDD mining and the creator Bram Cohen.
But after more than a year, which problems did the coin solved? What relevant projects are being made?

Unfortunately it was only hype, and the chart says all:

Source: https://coinmarketcap.com/currencies/chia-network/