42-coin Self Reported Market Cap Tops $1.99 Million (42)

42-coin (42) traded down 2.4% against the US dollar during the one day period ending at 12:00 PM Eastern on December 20th. 42-coin has a total market cap of $1.99 million and $17.99 worth of 42-coin was traded on exchanges in the last 24 hours. During the last week, 42-coin has traded down 6.1% against the US dollar. One 42-coin coin can currently be bought for about $47,475.26 or 0.48889068 BTC on cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded down 9% against the dollar and now trades at $0.31 or 0.00000321 BTC.
• UNUS SED LEO (LEO) traded 2.9% higher against the dollar and now trades at $9.30 or 0.00009576 BTC.
• Uniswap (UNI) traded 10% lower against the dollar and now trades at $12.75 or 0.00013128 BTC.
• Litecoin (LTC) traded down 6.8% against the dollar and now trades at $97.52 or 0.00100426 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 down 19.3% against the dollar and now trades at $0.0678 or 0.00000070 BTC.
• WhiteCoin (XWC) traded down 2.5% against the dollar and now trades at $0.0299 or 0.00000031 BTC.
• dForce USD (USX) traded down 0% against the dollar and now trades at $0.99 or 0.00001025 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

42-coin Profile

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 website 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 purchase alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to trade 42-coin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini 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