42-coin Trading 1.3% Lower Over Last 7 Days (42)

42-coin (42) traded down 4.4% against the dollar during the 24 hour period ending at 9:00 AM E.T. on August 1st. During the last seven days, 42-coin has traded 1.3% lower against the dollar. One 42-coin coin can currently be bought for about $29,162.69 or 0.44963018 BTC on cryptocurrency exchanges. 42-coin has a market capitalization of $1.22 million and $17.99 worth of 42-coin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded 3.9% lower against the dollar and now trades at $0.12 or 0.00000186 BTC.
• Litecoin (LTC) traded down 1.7% against the dollar and now trades at $70.54 or 0.00108766 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.68 or 0.00008750 BTC.
• Uniswap (UNI) traded down 2.7% against the dollar and now trades at $7.18 or 0.00011070 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 $0.0774 or 0.00000119 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001543 BTC.
• WhiteCoin (XWC) traded 8.8% higher against the dollar and now trades at $0.0052 or 0.00000008 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. 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 buy alternative cryptocurrencies such as 42-coin directly using US dollars. Investors seeking to acquire 42-coin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy 42-coin using one of the aforementioned exchanges.

42/USD price chart by TradingView