42-coin (42) Self Reported Market Capitalization Achieves $1.13 Million

42-coin (42) traded up 3% against the US dollar during the 1-day period ending at 10:00 AM ET on October 15th. During the last week, 42-coin has traded 7.7% higher against the US dollar. 42-coin has a total market cap of $1.13 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last day. One 42-coin coin can now be purchased for approximately $26,904.58 or 0.40120947 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded 2.4% higher against the dollar and now trades at $0.12 or 0.00000174 BTC.
• UNUS SED LEO (LEO) traded 1.2% lower against the dollar and now trades at $6.07 or 0.00009047 BTC.
• Litecoin (LTC) traded up 1.6% against the dollar and now trades at $67.74 or 0.00101014 BTC.
• Uniswap (UNI) traded down 0.5% against the dollar and now trades at $8.04 or 0.00011993 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded 85.1% higher against the dollar and now trades at $0.0851 or 0.00000127 BTC.
• ReddCoin (RDD) traded 939.2% higher against the dollar and now trades at $0.0005 or 0.00000001 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001488 BTC.
• WhiteCoin (XWC) traded down 35.7% against the dollar and now trades at $0.0110 or 0.00000016 BTC.

42-coin Coin Profile

42-coin (CRYPTO:42) is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its launch date was January 5th, 2014. 42-coin’s total supply is 42 coins and its circulating supply is 41 coins. 42-coin’s official Twitter account is @42newchain and its Facebook page is accessible here. 42-coin’s official website is 42-coin.org.

According to CryptoCompare, “Everything about 42 coin is 42 – apart from the transaction fees and difficulty retargetting – 0.00000001 and 7.5mins. A scrypt coin with 42 coins max, a 42 second block time, with superblocks giving 10 times the standard block reward of 0.0000420 42’s.

42 coin is a cryptocurrency with completed emission, fair distribution (no ICO, premine or instamine) and both private and public transaction support. The maximum supply of 42 coins makes the remaining 41.99 extremely rare. The innovative deflationary model provides a constant rise in incentives both for miners and long term investors. 42-coin delivers a hybrid of Proof-of-Work and Proof-of-Stake transaction confirmation methods and represents a new way of securing the network against 51% attacks.”

Buying and Selling 42-coin

It is usually not currently possible to buy alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to acquire 42-coin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy 42-coin using one of the aforementioned exchanges.

42/USD price chart by TradingView