42-coin (42) Hits Self Reported Market Capitalization of $1.75 Million

42-coin (42) traded flat against the U.S. dollar during the one day period ending at 20:00 PM E.T. on June 22nd. 42-coin has a total market cap of $1.75 million and $305.61 worth of 42-coin was traded on exchanges in the last day. One 42-coin coin can now be bought for $41,550.18 or 0.64324543 BTC on popular cryptocurrency exchanges. In the last week, 42-coin has traded 9.8% lower against the U.S. dollar.

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

• Dogecoin (DOGE) traded 0.7% higher against the dollar and now trades at $0.12 or 0.00000193 BTC.
• Uniswap (UNI) traded up 2.4% against the dollar and now trades at $9.94 or 0.00015427 BTC.
• Litecoin (LTC) traded up 1% against the dollar and now trades at $74.68 or 0.00115934 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $5.74 or 0.00008906 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 22.3% higher against the dollar and now trades at $0.12 or 0.00000182 BTC.
• DEI (DEI) traded up 0.1% against the dollar and now trades at $0.0124 or 0.00000019 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $0.99 or 0.00001536 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 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. The official website for 42-coin 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.”

42-coin Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as 42-coin directly using US dollars. Investors seeking to acquire 42-coin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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