42-coin (42) Trading Down 3.6% Over Last Week

42-coin (42) traded flat against the US dollar during the 24-hour period ending at 19:00 PM ET on April 18th. One 42-coin coin can currently be bought for $48,802.81 or 0.80490133 BTC on major exchanges. Over the last week, 42-coin has traded down 3.6% against the US dollar. 42-coin has a market cap of $2.05 million and approximately $100.00 worth of 42-coin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded up 3.3% against the dollar and now trades at $0.15 or 0.00000240 BTC.
• Litecoin (LTC) traded 1% higher against the dollar and now trades at $81.11 or 0.00127686 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $5.86 or 0.00009223 BTC.
• Uniswap (UNI) traded up 6.3% against the dollar and now trades at $7.31 or 0.00011516 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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.
• DEI (DEI) traded up 4.5% against the dollar and now trades at $0.0174 or 0.00000027 BTC.
• Polymath (POLY) traded 6.2% lower against the dollar and now trades at $0.0830 or 0.00000131 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $0.96 or 0.00001507 BTC.
• Lotto (LOTTO) traded down 2.1% 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. Its launch date was 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. The official website for 42-coin 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 presently 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 GDAX, Gemini or Changelly. 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