42-coin (42) Self Reported Market Cap Hits $1.21 Million

42-coin (42) traded down 1.7% against the US dollar during the 24-hour period ending at 7:00 AM ET on January 5th. During the last week, 42-coin has traded up 2% against the US dollar. One 42-coin coin can currently be purchased for approximately $28,777.97 or 0.30978686 BTC on major exchanges. 42-coin has a total market cap of $1.21 million and approximately $5.94 worth of 42-coin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded 2.8% lower against the dollar and now trades at $0.15 or 0.00000159 BTC.
• UNUS SED LEO (LEO) traded up 1.2% against the dollar and now trades at $9.03 or 0.00009704 BTC.
• Litecoin (LTC) traded down 0.6% against the dollar and now trades at $81.86 or 0.00087964 BTC.
• Uniswap (UNI) traded down 0.5% against the dollar and now trades at $5.87 or 0.00006308 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 85% higher against the dollar and now trades at $0.0850 or 0.00000091 BTC.
• WhiteCoin (XWC) traded down 0% against the dollar and now trades at $0.0087 or 0.00000009 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

42-coin Coin Profile

42-coin (CRYPTO: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. 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 purchase alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to acquire 42-coin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. 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