42-coin (42) Price Hits $48,452.97

42-coin (42) traded 3.2% lower against the dollar during the 1 day period ending at 15:00 PM Eastern on May 8th. One 42-coin coin can currently be bought for about $48,452.97 or 0.77873222 BTC on cryptocurrency exchanges. In the last seven days, 42-coin has traded up 2.6% against the dollar. 42-coin has a market capitalization of $2.04 million and approximately $12.04 worth of 42-coin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded down 2.3% against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Litecoin (LTC) traded down 0.3% against the dollar and now trades at $81.71 or 0.00130645 BTC.
• UNUS SED LEO (LEO) traded up 2.8% against the dollar and now trades at $5.93 or 0.00009475 BTC.
• Uniswap (UNI) traded down 0.8% against the dollar and now trades at $7.45 or 0.00011911 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.
• DEI (DEI) traded 0.8% lower against the dollar and now trades at $0.0187 or 0.00000030 BTC.
• Polymath (POLY) traded up 11.4% against the dollar and now trades at $0.0929 or 0.00000149 BTC.
• dForce USD (USX) traded 0.3% higher against the dollar and now trades at $0.98 or 0.00001568 BTC.
• WhiteCoin (XWC) traded up 44.4% against the dollar and now trades at $0.0078 or 0.00000012 BTC.

42-coin Profile

42-coin (CRYPTO: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 Twitter account is @42newchain and its Facebook page is accessible here. 42-coin’s official website is 42-coin.org.

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 currently possible to purchase alternative cryptocurrencies such as 42-coin directly using US dollars. Investors seeking to trade 42-coin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase 42-coin using one of the exchanges listed above.

42/USD price chart by TradingView