42-coin (42) Self Reported Market Capitalization Tops $1.05 Million

42-coin (42) traded up 3.8% against the dollar during the one day period ending at 20:00 PM ET on October 11th. Over the last week, 42-coin has traded up 2.1% against the dollar. One 42-coin coin can currently be bought for $25,008.36 or 0.40000420 BTC on major exchanges. 42-coin has a market capitalization of $1.05 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 over the last 24 hours:

• Dogecoin (DOGE) traded up 4.7% against the dollar and now trades at $0.11 or 0.00000178 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $6.08 or 0.00009721 BTC.
• Litecoin (LTC) traded up 2% against the dollar and now trades at $65.55 or 0.00104846 BTC.
• Uniswap (UNI) traded down 2.1% against the dollar and now trades at $7.91 or 0.00012647 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 34.4% lower against the dollar and now trades at $0.0639 or 0.00000102 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001596 BTC.
• WhiteCoin (XWC) traded 5.4% lower against the dollar and now trades at $0.0158 or 0.00000025 BTC.
• Lotto (LOTTO) traded down 2.1% 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 launch date was 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 US dollars. Investors seeking to acquire 42-coin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy 42-coin using one of the aforementioned exchanges.

42/USD price chart by TradingView