42-coin (42) Self Reported Market Capitalization Tops $1.11 Million

42-coin (42) traded up 0.6% against the dollar during the 24-hour period ending at 15:00 PM Eastern on November 2nd. One 42-coin coin can now be purchased for about $26,389.87 or 0.37989332 BTC on major cryptocurrency exchanges. During the last week, 42-coin has traded 3.6% higher against the dollar. 42-coin has a market cap of $1.11 million and $17.99 worth of 42-coin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded down 0.7% against the dollar and now trades at $0.16 or 0.00000229 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $6.05 or 0.00008704 BTC.
• Litecoin (LTC) traded 1.3% lower against the dollar and now trades at $69.24 or 0.00099668 BTC.
• Uniswap (UNI) traded 2.9% lower against the dollar and now trades at $7.38 or 0.00010624 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded up 19.8% against the dollar and now trades at $0.0519 or 0.00000075 BTC.
• dForce USD (USX) traded down 0% against the dollar and now trades at $1.00 or 0.00001433 BTC.
• WhiteCoin (XWC) traded 4.6% higher against the dollar and now trades at $0.0125 or 0.00000018 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

42-coin Profile

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

42/USD price chart by TradingView