42-coin (42) Hits Self Reported Market Capitalization of $2.25 Million

42-coin (42) traded 4% higher against the U.S. dollar during the 1 day period ending at 12:00 PM ET on December 16th. One 42-coin coin can now be purchased for about $53,556.87 or 0.49991136 BTC on popular exchanges. During the last week, 42-coin has traded down 44.6% against the U.S. dollar. 42-coin has a total market capitalization of $2.25 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 during the last 24 hours:

• Dogecoin (DOGE) traded up 2.3% against the dollar and now trades at $0.41 or 0.00000385 BTC.
• Uniswap (UNI) traded up 0.1% against the dollar and now trades at $16.81 or 0.00015692 BTC.
• Litecoin (LTC) traded 2.2% higher against the dollar and now trades at $122.10 or 0.00113968 BTC.
• UNUS SED LEO (LEO) traded up 2.7% against the dollar and now trades at $9.63 or 0.00008985 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 7.8% higher against the dollar and now trades at $0.0817 or 0.00000076 BTC.
• WhiteCoin (XWC) traded up 22.8% against the dollar and now trades at $0.0326 or 0.00000030 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00000931 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About 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.”

42-coin Coin Trading

It is usually not presently 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 Gemini, Coinbase or Changelly. 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