42-coin (42) Hits Self Reported Market Capitalization of $1.00 Million

42-coin (42) traded 2% lower against the US dollar during the one day period ending at 13:00 PM ET on September 18th. In the last week, 42-coin has traded 4.7% higher against the US dollar. 42-coin has a total market capitalization of $1.00 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last day. One 42-coin coin can currently be purchased for about $23,863.40 or 0.39881302 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded down 0.9% against the dollar and now trades at $0.10 or 0.00000168 BTC.
• UNUS SED LEO (LEO) traded up 3.6% against the dollar and now trades at $5.84 or 0.00009754 BTC.
• Litecoin (LTC) traded 0.2% lower against the dollar and now trades at $63.31 or 0.00105800 BTC.
• Uniswap (UNI) traded down 8.4% against the dollar and now trades at $6.45 or 0.00010775 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.
• Polymath (POLY) traded up 19.4% against the dollar and now trades at $0.0648 or 0.00000108 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001668 BTC.
• WhiteCoin (XWC) traded 74.3% higher against the dollar and now trades at $0.0154 or 0.00000026 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About 42-coin

42-coin (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 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 Changelly, Coinbase 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