42-coin (42) 1-Day Volume Tops $24.31

42-coin (42) traded down 6.1% against the US dollar during the 1 day period ending at 21:00 PM Eastern on February 4th. 42-coin has a market capitalization of $1.16 million and approximately $24.31 worth of 42-coin was traded on exchanges in the last day. One 42-coin coin can currently be bought for approximately $27,584.61 or 0.65096684 BTC on popular cryptocurrency exchanges. In the last seven days, 42-coin has traded down 9.4% against the US dollar.

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

  • Dogecoin (DOGE) traded down 1.5% against the dollar and now trades at $0.0777 or 0.00000183 BTC.
  • Litecoin (LTC) traded down 2.1% against the dollar and now trades at $67.01 or 0.00158076 BTC.
  • UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $4.04 or 0.00009536 BTC.
  • Uniswap (UNI) traded down 3% against the dollar and now trades at $5.94 or 0.00014005 BTC.
  • NyanCoin (NYAN) traded down 2.2% 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 up 2.3% against the dollar and now trades at $0.0193 or 0.00000045 BTC.
  • Polymath (POLY) traded 0.7% higher against the dollar and now trades at $0.14 or 0.00000341 BTC.
  • dForce USD (USX) traded down 0.9% against the dollar and now trades at $0.99 or 0.00002325 BTC.
  • WhiteCoin (XWC) traded down 5.6% against the dollar and now trades at $0.0407 or 0.00000096 BTC.

42-coin Profile

42 is a PoW/PoS coin that uses the Scrypt hashing algorithm. It was first traded on January 5th, 2014. 42-coin’s total supply is 42 coins and its circulating supply is 41 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 presently possible to purchase alternative cryptocurrencies such as 42-coin directly using US dollars. Investors seeking to acquire 42-coin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase 42-coin using one of the exchanges listed above.

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