42-coin (42) Hits Market Capitalization of $1.36 Million

42-coin (42) traded 18.1% higher against the U.S. dollar during the 1-day period ending at 20:00 PM E.T. on March 18th. Over the last seven days, 42-coin has traded up 57.1% against the U.S. dollar. One 42-coin coin can now be bought for about $32,398.95 or 1.19961832 BTC on cryptocurrency exchanges. 42-coin has a market cap of $1.36 million and approximately $0.69 worth of 42-coin was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded down 4.2% against the dollar and now trades at $0.0734 or 0.00000272 BTC.
• Litecoin (LTC) traded down 2.5% against the dollar and now trades at $83.47 or 0.00309065 BTC.
• Uniswap (UNI) traded up 1.6% against the dollar and now trades at $6.53 or 0.00024177 BTC.
• UNUS SED LEO (LEO) traded 3.8% lower against the dollar and now trades at $3.36 or 0.00012430 BTC.
• DEI (DEI) traded 0.6% lower against the dollar and now trades at $0.20 or 0.00000730 BTC.
• NyanCoin (NYAN) traded 1.9% lower against the dollar and now trades at $2.46 or 0.00009079 BTC.
• Counos Coin (CCA) traded 0% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Polymath (POLY) traded down 0.9% against the dollar and now trades at $0.18 or 0.00000675 BTC.
• MegaCoin (MEC) traded 1.9% lower against the dollar and now trades at $4.40 or 0.00016252 BTC.
• WhiteCoin (XWC) traded 2.4% higher against the dollar and now trades at $0.0639 or 0.00000237 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. 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.”

Buying and Selling 42-coin

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

42/USD price chart by TradingView