42-coin (42) Price Reaches $48,452.97 on Major Exchanges

42-coin (42) traded flat against the dollar during the 1 day period ending at 16:00 PM ET on May 9th. One 42-coin coin can now be bought for approximately $48,452.97 or 0.77873222 BTC on major exchanges. During the last seven days, 42-coin has traded up 8.4% against the dollar. 42-coin has a market cap of $2.04 million and approximately $12.04 worth of 42-coin was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Dogecoin (DOGE) traded 2.2% higher against the dollar and now trades at $0.15 or 0.00000240 BTC.
• Litecoin (LTC) traded 0.6% higher against the dollar and now trades at $82.43 or 0.00132070 BTC.
• UNUS SED LEO (LEO) traded 1.3% lower against the dollar and now trades at $5.81 or 0.00009304 BTC.
• Uniswap (UNI) traded up 0.7% against the dollar and now trades at $7.43 or 0.00011912 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 9.8% against the dollar and now trades at $0.0169 or 0.00000027 BTC.
• Polymath (POLY) traded 3.1% lower against the dollar and now trades at $0.0883 or 0.00000141 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $0.98 or 0.00001565 BTC.
• WhiteCoin (XWC) traded up 29% against the dollar and now trades at $0.0070 or 0.00000011 BTC.

42-coin Coin Profile

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

42/USD price chart by TradingView