42-coin (42) Reaches Self Reported Market Cap of $1.10 Million

42-coin (42) traded 0.7% lower against the dollar during the twenty-four hour period ending at 21:00 PM E.T. on November 2nd. One 42-coin coin can now be purchased for about $26,223.87 or 0.38002303 BTC on popular exchanges. In the last seven days, 42-coin has traded 3.2% higher against the dollar. 42-coin has a total market cap of $1.10 million and $17.99 worth of 42-coin was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded 2.3% lower against the dollar and now trades at $0.16 or 0.00000228 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $6.05 or 0.00008771 BTC.
• Litecoin (LTC) traded down 2.7% against the dollar and now trades at $68.86 or 0.00099789 BTC.
• Uniswap (UNI) traded 2.5% lower against the dollar and now trades at $7.39 or 0.00010715 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.
• Polymath (POLY) traded 28.7% higher against the dollar and now trades at $0.0596 or 0.00000086 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001433 BTC.
• WhiteCoin (XWC) traded 6.7% higher against the dollar and now trades at $0.0131 or 0.00000019 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

42-coin Coin Profile

42 is a PoW/PoS coin that uses the Scrypt hashing algorithm. It was first traded on January 5th, 2014. 42-coin’s total supply is 42 coins and its circulating supply is 41 coins. 42-coin’s official Twitter account is @42newchain and its Facebook page is accessible here. 42-coin’s official website is 42-coin.org.

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 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, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase 42-coin using one of the exchanges listed above.

42/USD price chart by TradingView