42-coin (42) Achieves Self Reported Market Capitalization of $1.25 Million

42-coin (42) traded down 9.5% against the dollar during the 1-day period ending at 21:00 PM Eastern on July 21st. Over the last week, 42-coin has traded 3% lower against the dollar. 42-coin has a market cap of $1.25 million and $17.99 worth of 42-coin was traded on exchanges in the last 24 hours. One 42-coin coin can now be bought for approximately $29,714.30 or 0.43708216 BTC on major exchanges.

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

• Dogecoin (DOGE) traded 4.4% higher against the dollar and now trades at $0.14 or 0.00000205 BTC.
• Litecoin (LTC) traded up 1.3% against the dollar and now trades at $74.24 or 0.00109204 BTC.
• UNUS SED LEO (LEO) traded down 0.9% against the dollar and now trades at $5.67 or 0.00008337 BTC.
• Uniswap (UNI) traded 1% higher against the dollar and now trades at $8.08 or 0.00011892 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.
• Polymath (POLY) traded up 6% against the dollar and now trades at $0.11 or 0.00000163 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001468 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• WhiteCoin (XWC) traded down 3.8% against the dollar and now trades at $0.0048 or 0.00000007 BTC.

About 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. 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.”

Buying and Selling 42-coin

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

42/USD price chart by TradingView