42-coin Reaches Self Reported Market Capitalization of $2.34 Million (42)

42-coin (42) traded 1.5% higher against the U.S. dollar during the 1-day period ending at 7:00 AM Eastern on October 1st. During the last week, 42-coin has traded up 20.5% against the U.S. dollar. 42-coin has a total market cap of $2.34 million and $5.05 worth of 42-coin was traded on exchanges in the last day. One 42-coin coin can currently be purchased for about $55,724.75 or 0.47919815 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded 6% higher against the dollar and now trades at $0.24 or 0.00000209 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $9.59 or 0.00008239 BTC.
• Litecoin (LTC) traded up 5.1% against the dollar and now trades at $110.65 or 0.00095046 BTC.
• Uniswap (UNI) traded up 4.2% against the dollar and now trades at $7.87 or 0.00006760 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 1.9% lower against the dollar and now trades at $0.0920 or 0.00000079 BTC.
• dForce USD (USX) traded down 0% against the dollar and now trades at $0.99 or 0.00000849 BTC.
• WhiteCoin (XWC) traded down 0.2% against the dollar and now trades at $0.0104 or 0.00000009 BTC.
• ReddCoin (RDD) traded 155% higher against the dollar and now trades at $0.0002 or 0.00000000 BTC.

42-coin Profile

42-coin is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its genesis date was January 5th, 2014. 42-coin’s total supply is 42 coins. 42-coin’s official Twitter account is @42newchain and its Facebook page is accessible here. The official website for 42-coin 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 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 GDAX, Coinbase or Changelly. 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