42-coin (42) Trading Up 8.4% Over Last Week

42-coin (42) traded flat against the US dollar during the 1 day period ending at 0:00 AM Eastern on May 9th. 42-coin has a total market capitalization of $2.04 million and approximately $12.04 worth of 42-coin was traded on exchanges in the last day. During the last week, 42-coin has traded up 8.4% against the US dollar. One 42-coin coin can now be bought for $48,452.97 or 0.77873222 BTC on major exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded up 2.6% against the dollar and now trades at $0.15 or 0.00000241 BTC.
• Litecoin (LTC) traded 1.5% higher against the dollar and now trades at $83.17 or 0.00132094 BTC.
• UNUS SED LEO (LEO) traded up 1.9% against the dollar and now trades at $5.91 or 0.00009384 BTC.
• Uniswap (UNI) traded 2% higher against the dollar and now trades at $7.49 or 0.00011901 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.
• DEI (DEI) traded down 6.8% against the dollar and now trades at $0.0172 or 0.00000027 BTC.
• Polymath (POLY) traded up 26.8% against the dollar and now trades at $0.0972 or 0.00000154 BTC.
• dForce USD (USX) traded up 0.7% against the dollar and now trades at $0.98 or 0.00001559 BTC.
• WhiteCoin (XWC) traded 3.5% higher against the dollar and now trades at $0.0071 or 0.00000011 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. 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 currently possible to buy alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to acquire 42-coin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy 42-coin using one of the exchanges listed above.

42/USD price chart by TradingView