42-coin Self Reported Market Cap Hits $1.29 Million (42)

42-coin (42) traded 1.8% higher against the dollar during the one day period ending at 23:00 PM E.T. on July 29th. 42-coin has a total market cap of $1.29 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last day. During the last week, 42-coin has traded 3.9% higher against the dollar. One 42-coin coin can currently be bought for approximately $30,605.42 or 0.45964021 BTC on exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded 3.1% lower against the dollar and now trades at $0.13 or 0.00000195 BTC.
• Litecoin (LTC) traded up 0.5% against the dollar and now trades at $73.80 or 0.00110829 BTC.
• UNUS SED LEO (LEO) traded 2.7% lower against the dollar and now trades at $5.69 or 0.00008550 BTC.
• Uniswap (UNI) traded down 1.2% against the dollar and now trades at $7.64 or 0.00011481 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded 0% lower against the dollar and now trades at $0.12 or 0.00000173 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001510 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• WhiteCoin (XWC) traded 3.6% lower against the dollar and now trades at $0.0043 or 0.00000006 BTC.

42-coin Coin Profile

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 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 currently 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 GDAX, Coinbase or Gemini. 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