42-coin (42) Self Reported Market Capitalization Tops $8.59 Million

42-coin (42) traded up 12.4% against the dollar during the 24 hour period ending at 11:00 AM E.T. on February 22nd. One 42-coin coin can now be bought for about $204,417.40 or 2.11515624 BTC on exchanges. 42-coin has a total market capitalization of $8.59 million and $137.56 worth of 42-coin was traded on exchanges in the last 24 hours. During the last week, 42-coin has traded 120.2% higher against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Dogecoin (DOGE) traded 2.4% lower against the dollar and now trades at $0.25 or 0.00000255 BTC.
• Litecoin (LTC) traded 3.6% lower against the dollar and now trades at $128.13 or 0.00132584 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $9.69 or 0.00010028 BTC.
• Uniswap (UNI) traded 2.3% lower against the dollar and now trades at $8.99 or 0.00009301 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded up 0.9% against the dollar and now trades at $0.22 or 0.00000231 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• dForce USD (USX) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001030 BTC.
• WhiteCoin (XWC) traded 0.4% lower against the dollar and now trades at $0.0167 or 0.00000017 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

42-coin Profile

42-coin (42) 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.”

42-coin Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to trade 42-coin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase 42-coin using one of the exchanges listed above.

42/USD price chart by TradingView