42-coin (42) Self Reported Market Cap Achieves $1.94 Million

42-coin (42) traded flat against the US dollar during the 1-day period ending at 20:00 PM Eastern on April 28th. 42-coin has a market cap of $1.94 million and $184.86 worth of 42-coin was traded on exchanges in the last 24 hours. One 42-coin coin can currently be bought for approximately $46,072.59 or 0.73038801 BTC on exchanges. In the last week, 42-coin has traded down 10.7% against the US dollar.

Here is how similar cryptocurrencies have performed in the last 24 hours:

  • Dogecoin (DOGE) traded down 0.8% against the dollar and now trades at $0.15 or 0.00000233 BTC.
  • Litecoin (LTC) traded down 0.1% against the dollar and now trades at $83.89 or 0.00133042 BTC.
  • UNUS SED LEO (LEO) traded down 0.8% against the dollar and now trades at $5.77 or 0.00009144 BTC.
  • Uniswap (UNI) traded down 1.8% against the dollar and now trades at $7.83 or 0.00012424 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 0.4% lower against the dollar and now trades at $0.0189 or 0.00000030 BTC.
  • Polymath (POLY) traded up 5.1% against the dollar and now trades at $0.11 or 0.00000170 BTC.
  • dForce USD (USX) traded 0.6% lower against the dollar and now trades at $0.98 or 0.00001554 BTC.
  • Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

42-coin Profile

42-coin 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 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 presently possible to purchase alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to acquire 42-coin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase 42-coin using one of the exchanges listed above.

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