42-coin (42) Hits Self Reported Market Cap of $2.10 Million

42-coin (42) traded 1% higher against the dollar during the twenty-four hour period ending at 0:00 AM ET on May 7th. 42-coin has a total market cap of $2.10 million and $25.11 worth of 42-coin was traded on exchanges in the last day. Over the last seven days, 42-coin has traded up 13.3% against the dollar. One 42-coin coin can now be purchased for $50,058.37 or 0.78567063 BTC on popular cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded down 1.8% against the dollar and now trades at $0.15 or 0.00000241 BTC.
• Litecoin (LTC) traded up 0.8% against the dollar and now trades at $81.04 or 0.00128777 BTC.
• UNUS SED LEO (LEO) traded 1.6% higher against the dollar and now trades at $5.89 or 0.00009358 BTC.
• Uniswap (UNI) traded 0.6% lower against the dollar and now trades at $7.42 or 0.00011793 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.
• DEI (DEI) traded down 1.6% against the dollar and now trades at $0.0182 or 0.00000029 BTC.
• Polymath (POLY) traded 15.4% higher against the dollar and now trades at $0.0919 or 0.00000146 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $0.98 or 0.00001553 BTC.
• WhiteCoin (XWC) traded 1.7% higher against the dollar and now trades at $0.0055 or 0.00000009 BTC.

About 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. 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.”

42-coin Coin Trading

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy 42-coin using one of the exchanges listed above.

42/USD price chart by TradingView