42-coin Reaches Self Reported Market Cap of $1.19 Million (42)

42-coin (42) traded 8.1% higher against the dollar during the 1-day period ending at 8:00 AM ET on November 6th. One 42-coin coin can currently be bought for approximately $28,289.56 or 0.38025752 BTC on popular cryptocurrency exchanges. In the last seven days, 42-coin has traded up 3.4% against the dollar. 42-coin has a market capitalization of $1.19 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Dogecoin (DOGE) traded 17.7% higher against the dollar and now trades at $0.20 or 0.00000271 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $6.06 or 0.00008149 BTC.
• Uniswap (UNI) traded up 30% against the dollar and now trades at $9.11 or 0.00012249 BTC.
• Litecoin (LTC) traded up 6.2% against the dollar and now trades at $69.94 or 0.00094012 BTC.
• NyanCoin (NYAN) traded down 2.2% 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 up 6.9% against the dollar and now trades at $0.0505 or 0.00000068 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $0.99 or 0.00001337 BTC.
• WhiteCoin (XWC) traded up 0.5% against the dollar and now trades at $0.0132 or 0.00000018 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

42-coin Profile

42-coin (42) 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 currently possible to buy alternative cryptocurrencies such as 42-coin directly using US dollars. Investors seeking to trade 42-coin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly 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