42-coin Price Hits $63,547.21 (42)

42-coin (42) traded down 3.7% against the U.S. dollar during the twenty-four hour period ending at 7:00 AM ET on August 14th. In the last seven days, 42-coin has traded down 2.5% against the U.S. dollar. One 42-coin coin can currently be purchased for about $63,547.21 or 0.51379267 BTC on exchanges. 42-coin has a market capitalization of $2.67 million and approximately $1.41 thousand worth of 42-coin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded 3.4% lower against the dollar and now trades at $0.24 or 0.00000197 BTC.
• Litecoin (LTC) traded down 3.4% against the dollar and now trades at $127.80 or 0.00105733 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $9.27 or 0.00007669 BTC.
• Uniswap (UNI) traded 6.3% lower against the dollar and now trades at $11.36 or 0.00009399 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 0.4% higher against the dollar and now trades at $0.0981 or 0.00000081 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $0.99 or 0.00000811 BTC.
• WhiteCoin (XWC) traded down 0.2% against the dollar and now trades at $0.0101 or 0.00000008 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 (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. 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.”

Buying and Selling 42-coin

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 Gemini, Changelly or GDAX. 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