42-coin Achieves Self Reported Market Cap of $1.27 Million (42)

42-coin (42) traded 5% higher against the dollar during the 1-day period ending at 12:00 PM ET on November 10th. In the last week, 42-coin has traded 16.9% higher against the dollar. One 42-coin coin can now be bought for $30,329.51 or 0.37990122 BTC on popular exchanges. 42-coin has a total market cap of $1.27 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded 29.8% higher against the dollar and now trades at $0.26 or 0.00000332 BTC.
• Litecoin (LTC) traded up 8.1% against the dollar and now trades at $78.00 or 0.00097704 BTC.
• UNUS SED LEO (LEO) traded up 3.1% against the dollar and now trades at $6.26 or 0.00007847 BTC.
• Uniswap (UNI) traded 5.9% higher against the dollar and now trades at $9.41 or 0.00011791 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 8.3% lower against the dollar and now trades at $0.0528 or 0.00000066 BTC.
• WhiteCoin (XWC) traded 49.9% higher against the dollar and now trades at $0.0272 or 0.00000034 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $0.99 or 0.00001244 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 (CRYPTO:42) is a PoW/PoS coin that uses the Scrypt hashing algorithm. It launched on January 5th, 2014. 42-coin’s total supply is 42 coins and its circulating supply is 41 coins. The official website for 42-coin is 42-coin.org. 42-coin’s official Twitter account is @42newchain and its Facebook page is accessible here.

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 purchase alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to acquire 42-coin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase 42-coin using one of the aforementioned exchanges.

42/USD price chart by TradingView