42-coin Trading Down 1.2% Over Last Week (42)

42-coin (42) traded flat against the U.S. dollar during the twenty-four hour period ending at 19:00 PM ET on April 24th. One 42-coin coin can now be bought for $48,237.63 or 0.72708110 BTC on popular cryptocurrency exchanges. 42-coin has a total market capitalization of $2.03 million and approximately $9.58 worth of 42-coin was traded on exchanges in the last day. Over the last week, 42-coin has traded 1.2% lower against the U.S. dollar.

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

• Dogecoin (DOGE) traded down 5.8% against the dollar and now trades at $0.15 or 0.00000236 BTC.
• Litecoin (LTC) traded down 2% against the dollar and now trades at $83.15 or 0.00130147 BTC.
• UNUS SED LEO (LEO) traded down 0.2% against the dollar and now trades at $5.76 or 0.00009009 BTC.
• Uniswap (UNI) traded down 4.2% against the dollar and now trades at $7.66 or 0.00011983 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.
• DEI (DEI) traded up 4.8% against the dollar and now trades at $0.0204 or 0.00000032 BTC.
• Polymath (POLY) traded 16.1% lower against the dollar and now trades at $0.0811 or 0.00000127 BTC.
• dForce USD (USX) traded down 0.7% against the dollar and now trades at $0.98 or 0.00001530 BTC.
• Lotto (LOTTO) traded down 2.1% 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. It launched on January 5th, 2014. 42-coin’s total supply is 42 coins and its circulating supply is 41 coins. The official website for 42-coin 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 purchase alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to trade 42-coin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase 42-coin using one of the aforementioned exchanges.

42/USD price chart by TradingView