42-coin Achieves Self Reported Market Capitalization of $1.11 Million (42)

42-coin (42) traded 4% lower against the U.S. dollar during the 1 day period ending at 0:00 AM ET on October 31st. In the last seven days, 42-coin has traded 2.5% higher against the U.S. dollar. 42-coin has a market cap of $1.11 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 approximately $26,379.55 or 0.37985752 BTC on major cryptocurrency exchanges.

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

  • Dogecoin (DOGE) traded down 6.8% against the dollar and now trades at $0.16 or 0.00000229 BTC.
  • UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $6.04 or 0.00008702 BTC.
  • Litecoin (LTC) traded down 3.3% against the dollar and now trades at $69.11 or 0.00099512 BTC.
  • Uniswap (UNI) traded 2.5% lower against the dollar and now trades at $7.79 or 0.00011215 BTC.
  • NyanCoin (NYAN) traded 2.2% lower 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 27.1% lower against the dollar and now trades at $0.0486 or 0.00000070 BTC.
  • dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001432 BTC.
  • WhiteCoin (XWC) traded up 4.6% against the dollar and now trades at $0.0123 or 0.00000018 BTC.
  • Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

42-coin Coin Profile

42-coin 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.”

42-coin Coin Trading

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 Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy 42-coin using one of the exchanges listed above.

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