42-coin (42) Hits Self Reported Market Cap of $1.28 Million

42-coin (42) traded 0.3% lower against the US dollar during the 1-day period ending at 7:00 AM Eastern on January 25th. One 42-coin coin can currently be bought for $30,577.11 or 0.34670398 BTC on exchanges. 42-coin has a market cap of $1.28 million and approximately $3.11 worth of 42-coin was traded on exchanges in the last 24 hours. Over the last seven days, 42-coin has traded 1.6% higher against the US dollar.

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

• Dogecoin (DOGE) traded 1% lower against the dollar and now trades at $0.12 or 0.00000139 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $9.00 or 0.00010168 BTC.
• Litecoin (LTC) traded up 2% against the dollar and now trades at $69.76 or 0.00078827 BTC.
• Uniswap (UNI) traded 0.9% lower against the dollar and now trades at $4.85 or 0.00005475 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded up 28.2% against the dollar and now trades at $0.0685 or 0.00000077 BTC.
• WhiteCoin (XWC) traded 0% lower against the dollar and now trades at $0.0084 or 0.00000009 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. 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.”

Buying and Selling 42-coin

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

42/USD price chart by TradingView