42-coin (42) Hits Self Reported Market Capitalization of $1.25 Million

42-coin (42) traded down 2.2% against the US dollar during the 1 day period ending at 15:00 PM E.T. on July 28th. During the last week, 42-coin has traded 0.7% lower against the US dollar. 42-coin has a total market cap of $1.25 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last 24 hours. One 42-coin coin can now be bought for $29,651.99 or 0.43448835 BTC on cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded down 1.9% against the dollar and now trades at $0.13 or 0.00000191 BTC.
• UNUS SED LEO (LEO) traded 0.4% higher against the dollar and now trades at $5.84 or 0.00008555 BTC.
• Litecoin (LTC) traded 0.4% lower against the dollar and now trades at $71.54 or 0.00104829 BTC.
• Uniswap (UNI) traded down 1.1% against the dollar and now trades at $7.59 or 0.00011120 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.
• Polymath (POLY) traded 13.2% higher against the dollar and now trades at $0.12 or 0.00000172 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001465 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• WhiteCoin (XWC) traded 2.7% lower against the dollar and now trades at $0.0040 or 0.00000006 BTC.

About 42-coin

42-coin (CRYPTO:42) 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. 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 possible to purchase alternative cryptocurrencies such as 42-coin directly using US dollars. Investors seeking to trade 42-coin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. 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