42-coin (42) Self Reported Market Capitalization Hits $1.79 Million

42-coin (42) traded down 15.5% against the U.S. dollar during the one day period ending at 12:00 PM Eastern on December 12th. Over the last week, 42-coin has traded 58% lower against the U.S. dollar. 42-coin has a market capitalization of $1.79 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last 24 hours. One 42-coin coin can now be purchased for $42,615.96 or 0.42012647 BTC on major exchanges.

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

• Dogecoin (DOGE) traded 0.2% higher against the dollar and now trades at $0.41 or 0.00000408 BTC.
• Uniswap (UNI) traded 5.5% higher against the dollar and now trades at $18.09 or 0.00017834 BTC.
• Litecoin (LTC) traded 4.1% higher against the dollar and now trades at $122.30 or 0.00120566 BTC.
• UNUS SED LEO (LEO) traded up 0.6% against the dollar and now trades at $9.49 or 0.00009359 BTC.
• NyanCoin (NYAN) traded down 2.2% 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 13.1% higher against the dollar and now trades at $0.0694 or 0.00000068 BTC.
• WhiteCoin (XWC) traded 7.1% higher against the dollar and now trades at $0.0397 or 0.00000039 BTC.
• ReddCoin (RDD) traded 534.3% higher against the dollar and now trades at $0.0006 or 0.00000001 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00000980 BTC.

42-coin Coin Profile

42-coin 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 possible to purchase alternative cryptocurrencies such as 42-coin directly using US dollars. Investors seeking to trade 42-coin should first purchase 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 purchase 42-coin using one of the exchanges listed above.

42/USD price chart by TradingView