42-coin Self Reported Market Capitalization Hits $1.16 Million (42)

42-coin (42) traded 0% lower against the US dollar during the 24 hour period ending at 22:00 PM E.T. on October 30th. In the last seven days, 42-coin has traded up 7.8% against the US dollar. 42-coin has a total market cap of $1.16 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last day. One 42-coin coin can currently be bought for about $27,524.19 or 0.38008508 BTC on exchanges.

Here’s how similar cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded down 2.1% against the dollar and now trades at $0.17 or 0.00000236 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $6.05 or 0.00008361 BTC.
• Litecoin (LTC) traded down 2% against the dollar and now trades at $71.89 or 0.00099268 BTC.
• Uniswap (UNI) traded 2% higher against the dollar and now trades at $8.04 or 0.00011106 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 up 21.4% against the dollar and now trades at $0.0650 or 0.00000090 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001378 BTC.
• ReddCoin (RDD) traded up 717.1% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• WhiteCoin (XWC) traded up 0.6% against the dollar and now trades at $0.0124 or 0.00000017 BTC.

42-coin Coin Profile

42-coin (CRYPTO: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. 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 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 Gemini, Changelly or Coinbase. 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