42-coin (42) Hits Self Reported Market Cap of $1.09 Million

42-coin (42) traded up 0% against the U.S. dollar during the 1-day period ending at 20:00 PM E.T. on October 19th. One 42-coin coin can currently be purchased for approximately $25,994.12 or 0.37999918 BTC on popular cryptocurrency exchanges. 42-coin has a total market cap of $1.09 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last day. Over the last week, 42-coin has traded up 2.9% against the U.S. dollar.

Here’s how other cryptocurrencies have performed over the last day:

• Dogecoin (DOGE) traded up 4.7% against the dollar and now trades at $0.14 or 0.00000211 BTC.
• UNUS SED LEO (LEO) traded up 1.1% against the dollar and now trades at $6.10 or 0.00008918 BTC.
• Litecoin (LTC) traded 2% higher against the dollar and now trades at $74.80 or 0.00109344 BTC.
• Uniswap (UNI) traded down 1.7% against the dollar and now trades at $7.34 or 0.00010732 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded 27.8% lower against the dollar and now trades at $0.0557 or 0.00000081 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001459 BTC.
• WhiteCoin (XWC) traded up 0.1% against the dollar and now trades at $0.0143 or 0.00000021 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About 42-coin

42-coin is a PoW/PoS coin that uses the Scrypt hashing algorithm. It was first traded on 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 presently possible to buy alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to trade 42-coin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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