42-coin (42) Tops 24-Hour Volume of $17.99

42-coin (42) traded 4.6% higher against the US dollar during the 1 day period ending at 14:00 PM ET on August 23rd. One 42-coin coin can currently be purchased for about $16,975.95 or 0.27011037 BTC on major cryptocurrency exchanges. During the last seven days, 42-coin has traded up 5.2% against the US dollar. 42-coin has a market cap of $712,988.91 and $17.99 worth of 42-coin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded 6.1% higher against the dollar and now trades at $0.11 or 0.00000178 BTC.
• UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $5.87 or 0.00009346 BTC.
• Litecoin (LTC) traded 2.6% higher against the dollar and now trades at $65.29 or 0.00103879 BTC.
• Uniswap (UNI) traded 1.2% higher against the dollar and now trades at $6.99 or 0.00011115 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 7.1% against the dollar and now trades at $0.11 or 0.00000168 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001589 BTC.
• WhiteCoin (XWC) traded 13.5% higher against the dollar and now trades at $0.0071 or 0.00000011 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About 42-coin

42 is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its genesis 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 possible to buy alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to trade 42-coin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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