42-coin Hits Self Reported Market Capitalization of $3.95 Million (42)

42-coin (42) traded 1% lower against the US dollar during the twenty-four hour period ending at 12:00 PM E.T. on December 4th. One 42-coin coin can now be purchased for approximately $93,965.36 or 0.99016535 BTC on exchanges. During the last seven days, 42-coin has traded 145.1% higher against the US dollar. 42-coin has a market cap of $3.95 million and $17.99 worth of 42-coin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded 0.5% lower against the dollar and now trades at $0.40 or 0.00000425 BTC.
• Uniswap (UNI) traded 11.1% higher against the dollar and now trades at $15.62 or 0.00016461 BTC.
• Litecoin (LTC) traded 4.2% lower against the dollar and now trades at $123.41 or 0.00130041 BTC.
• UNUS SED LEO (LEO) traded 7.1% higher against the dollar and now trades at $9.57 or 0.00010086 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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.
• Polymath (POLY) traded 18.1% higher against the dollar and now trades at $0.0712 or 0.00000075 BTC.
• WhiteCoin (XWC) traded 1% lower against the dollar and now trades at $0.0460 or 0.00000048 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $0.99 or 0.00001044 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 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. 42-coin’s official website 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 purchase alternative cryptocurrencies such as 42-coin directly using US dollars. Investors seeking to trade 42-coin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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