42-coin Self Reported Market Capitalization Tops $1.07 Million (42)

42-coin (42) traded down 1.5% against the US dollar during the 1 day period ending at 0:00 AM ET on October 25th. During the last seven days, 42-coin has traded 2.4% lower against the US dollar. 42-coin has a market cap of $1.07 million and $17.99 worth of 42-coin was traded on exchanges in the last 24 hours. One 42-coin coin can currently be bought for approximately $25,400.08 or 0.37996313 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Dogecoin (DOGE) traded down 4.3% against the dollar and now trades at $0.13 or 0.00000199 BTC.
• UNUS SED LEO (LEO) traded 1.5% lower against the dollar and now trades at $6.01 or 0.00008989 BTC.
• Litecoin (LTC) traded 3% lower against the dollar and now trades at $69.14 or 0.00103426 BTC.
• Uniswap (UNI) traded down 4% against the dollar and now trades at $7.69 or 0.00011508 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 26.7% higher against the dollar and now trades at $0.0663 or 0.00000099 BTC.
• dForce USD (USX) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001490 BTC.
• WhiteCoin (XWC) traded down 15.3% against the dollar and now trades at $0.0139 or 0.00000021 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. Its genesis date was 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 presently possible to buy alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to acquire 42-coin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy 42-coin using one of the exchanges listed above.

42/USD price chart by TradingView