42-coin (42) Trading Up 8.4% Over Last Week

42-coin (42) traded flat against the U.S. dollar during the 24 hour period ending at 0:00 AM E.T. on May 9th. One 42-coin coin can currently be purchased for about $48,452.97 or 0.77873222 BTC on popular exchanges. During the last week, 42-coin has traded 8.4% higher against the U.S. dollar. 42-coin has a total market capitalization of $2.04 million and $12.04 worth of 42-coin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded up 2.6% against the dollar and now trades at $0.15 or 0.00000241 BTC.
• Litecoin (LTC) traded 1.5% higher against the dollar and now trades at $83.17 or 0.00132094 BTC.
• UNUS SED LEO (LEO) traded 1.9% higher against the dollar and now trades at $5.91 or 0.00009384 BTC.
• Uniswap (UNI) traded 2% higher against the dollar and now trades at $7.49 or 0.00011901 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.
• DEI (DEI) traded down 6.8% against the dollar and now trades at $0.0172 or 0.00000027 BTC.
• Polymath (POLY) traded 26.8% higher against the dollar and now trades at $0.0972 or 0.00000154 BTC.
• dForce USD (USX) traded up 0.7% against the dollar and now trades at $0.98 or 0.00001559 BTC.
• WhiteCoin (XWC) traded up 3.5% against the dollar and now trades at $0.0071 or 0.00000011 BTC.

42-coin Coin Profile

42 is a PoW/PoS coin that uses the Scrypt hashing algorithm. It launched 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. 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 currently possible to purchase alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to acquire 42-coin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. 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