42-coin Achieves Self Reported Market Cap of $1.12 Million (42)

42-coin (42) traded up 0.9% against the dollar during the one day period ending at 17:00 PM Eastern on October 15th. 42-coin has a market cap of $1.12 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 approximately $26,612.68 or 0.40059989 BTC on major cryptocurrency exchanges. In the last seven days, 42-coin has traded 6.6% higher against the dollar.

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

• Dogecoin (DOGE) traded 2.5% lower against the dollar and now trades at $0.11 or 0.00000170 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $6.12 or 0.00009209 BTC.
• Litecoin (LTC) traded 3.5% higher against the dollar and now trades at $69.15 or 0.00104087 BTC.
• Uniswap (UNI) traded 5.3% lower against the dollar and now trades at $7.71 or 0.00011603 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.
• Polymath (POLY) traded 56.3% higher against the dollar and now trades at $0.0765 or 0.00000115 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001502 BTC.
• WhiteCoin (XWC) traded down 39.8% against the dollar and now trades at $0.0104 or 0.00000016 BTC.
• ReddCoin (RDD) traded up 174.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

42-coin Coin Profile

42 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. 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 U.S. dollars. Investors seeking to acquire 42-coin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy 42-coin using one of the exchanges listed above.

42/USD price chart by TradingView