42-coin (42) Price Reaches $28,910.06 on Exchanges

42-coin (42) traded 3.5% higher against the US dollar during the twenty-four hour period ending at 7:00 AM Eastern on February 14th. 42-coin has a total market cap of $1.21 million and approximately $19.95 worth of 42-coin was traded on exchanges in the last day. One 42-coin coin can now be bought for approximately $28,910.06 or 0.41211200 BTC on exchanges. In the last week, 42-coin has traded 1% higher against the US dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded up 7.1% against the dollar and now trades at $0.10 or 0.00000142 BTC.
• UNUS SED LEO (LEO) traded up 3.4% against the dollar and now trades at $8.56 or 0.00012164 BTC.
• Litecoin (LTC) traded 4.4% higher against the dollar and now trades at $55.67 or 0.00079136 BTC.
• Uniswap (UNI) traded up 5.6% against the dollar and now trades at $3.51 or 0.00004986 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.
• Polymath (POLY) traded up 157.6% against the dollar and now trades at $0.0783 or 0.00000111 BTC.
• dForce USD (USX) traded 3.1% lower against the dollar and now trades at $0.61 or 0.00000887 BTC.
• WhiteCoin (XWC) traded up 0% against the dollar and now trades at $0.0083 or 0.00000012 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

42-coin Coin Profile

42-coin 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. 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 US dollars. Investors seeking to trade 42-coin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy 42-coin using one of the aforementioned exchanges.

42/USD price chart by TradingView