42-coin Self Reported Market Capitalization Tops $1.08 Million (42)

42-coin (42) traded down 1.8% against the dollar during the one day period ending at 15:00 PM ET on October 21st. 42-coin has a market capitalization of $1.08 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last 24 hours. One 42-coin coin can currently be bought for $25,620.40 or 0.37984917 BTC on major exchanges. Over the last week, 42-coin has traded down 2.7% against the dollar.

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

• Dogecoin (DOGE) traded up 1.5% against the dollar and now trades at $0.14 or 0.00000212 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $6.10 or 0.00009049 BTC.
• Litecoin (LTC) traded down 4.7% against the dollar and now trades at $70.76 or 0.00104906 BTC.
• Uniswap (UNI) traded up 0.4% against the dollar and now trades at $7.65 or 0.00011347 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 3% lower against the dollar and now trades at $0.0564 or 0.00000084 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001477 BTC.
• ReddCoin (RDD) traded 658.5% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• WhiteCoin (XWC) traded up 2.9% against the dollar and now trades at $0.0163 or 0.00000024 BTC.

42-coin Profile

42-coin (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 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 Coinbase, Gemini or GDAX. 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