42-coin Self Reported Market Capitalization Achieves $1.98 Million (42)

42-coin (42) traded up 10.2% against the US dollar during the 1 day period ending at 9:00 AM Eastern on May 1st. 42-coin has a total market cap of $1.98 million and $191.01 worth of 42-coin was traded on exchanges in the last day. One 42-coin coin can now be bought for about $47,219.26 or 0.78867802 BTC on popular exchanges. During the last week, 42-coin has traded down 2.1% against the US dollar.

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

• Dogecoin (DOGE) traded 7.5% lower against the dollar and now trades at $0.12 or 0.00000217 BTC.
• Litecoin (LTC) traded 2.5% lower against the dollar and now trades at $77.08 or 0.00134166 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $5.81 or 0.00010121 BTC.
• Uniswap (UNI) traded down 4.4% against the dollar and now trades at $6.84 or 0.00011898 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 down 4.2% against the dollar and now trades at $0.0173 or 0.00000030 BTC.
• Polymath (POLY) traded down 40.2% against the dollar and now trades at $0.0682 or 0.00000119 BTC.
• dForce USD (USX) traded 0.2% higher against the dollar and now trades at $0.98 or 0.00001707 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 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 buy alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to trade 42-coin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. 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