42-coin (42) Reaches 24 Hour Trading Volume of $24.59

42-coin (42) traded down 1.2% against the U.S. dollar during the 24-hour period ending at 0:00 AM E.T. on May 6th. During the last seven days, 42-coin has traded 8.3% higher against the U.S. dollar. 42-coin has a total market capitalization of $2.08 million and approximately $24.59 worth of 42-coin was traded on exchanges in the last day. One 42-coin coin can currently be bought for approximately $49,586.42 or 0.77341890 BTC on exchanges.

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

• Dogecoin (DOGE) traded down 3.8% against the dollar and now trades at $0.16 or 0.00000246 BTC.
• Litecoin (LTC) traded down 0.3% against the dollar and now trades at $80.50 or 0.00127379 BTC.
• UNUS SED LEO (LEO) traded down 0.9% against the dollar and now trades at $5.80 or 0.00009171 BTC.
• Uniswap (UNI) traded down 0.6% against the dollar and now trades at $7.49 or 0.00011853 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.
• DEI (DEI) traded down 3.6% against the dollar and now trades at $0.0185 or 0.00000029 BTC.
• Polymath (POLY) traded 2.8% lower against the dollar and now trades at $0.0797 or 0.00000126 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $0.98 or 0.00001544 BTC.
• WhiteCoin (XWC) traded up 13% against the dollar and now trades at $0.0054 or 0.00000009 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. 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.”

42-coin Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to acquire 42-coin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. 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