42-coin Reaches Self Reported Market Capitalization of $2.14 Million (42)

42-coin (42) traded 4.4% higher against the dollar during the 24-hour period ending at 21:00 PM E.T. on April 19th. 42-coin has a total market capitalization of $2.14 million and approximately $11.12 worth of 42-coin was traded on exchanges in the last 24 hours. During the last week, 42-coin has traded 1.9% higher against the dollar. One 42-coin coin can now be bought for about $50,927.97 or 0.82519804 BTC on major exchanges.

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

  • Dogecoin (DOGE) traded up 3.9% against the dollar and now trades at $0.16 or 0.00000244 BTC.
  • Litecoin (LTC) traded up 0.6% against the dollar and now trades at $81.06 or 0.00126991 BTC.
  • UNUS SED LEO (LEO) traded down 0.5% against the dollar and now trades at $5.83 or 0.00009135 BTC.
  • Uniswap (UNI) traded 3.1% higher against the dollar and now trades at $7.48 or 0.00011718 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 up 10.3% against the dollar and now trades at $0.0192 or 0.00000030 BTC.
  • Polymath (POLY) traded up 14.6% against the dollar and now trades at $0.0907 or 0.00000142 BTC.
  • dForce USD (USX) traded 1.4% higher against the dollar and now trades at $0.97 or 0.00001521 BTC.
  • WhiteCoin (XWC) traded up 12.6% against the dollar and now trades at $0.0051 or 0.00000008 BTC.

42-coin 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.”

Buying and Selling 42-coin

It is usually not currently possible to purchase alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to trade 42-coin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase 42-coin using one of the aforementioned exchanges.

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