42-coin (42) Price Down 7.8% Over Last Week

42-coin (42) traded down 5.4% against the U.S. dollar during the one day period ending at 12:00 PM ET on May 2nd. 42-coin has a total market capitalization of $1.88 million and $62.55 worth of 42-coin was traded on exchanges in the last 24 hours. One 42-coin coin can now be bought for about $44,688.66 or 0.75454743 BTC on exchanges. In the last week, 42-coin has traded 7.8% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Dogecoin (DOGE) traded 8.7% higher against the dollar and now trades at $0.13 or 0.00000225 BTC.
• Litecoin (LTC) traded up 4% against the dollar and now trades at $80.37 or 0.00136068 BTC.
• UNUS SED LEO (LEO) traded up 2% against the dollar and now trades at $5.93 or 0.00010032 BTC.
• Uniswap (UNI) traded up 4.4% against the dollar and now trades at $7.08 or 0.00011985 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.
• DEI (DEI) traded 5.2% higher against the dollar and now trades at $0.0182 or 0.00000031 BTC.
• Polymath (POLY) traded 14.4% higher against the dollar and now trades at $0.0920 or 0.00000156 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $0.98 or 0.00001656 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 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. 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 presently possible to buy alternative cryptocurrencies such as 42-coin directly using US dollars. Investors seeking to trade 42-coin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy 42-coin using one of the exchanges listed above.

42/USD price chart by TradingView