42-coin (42) Trading Up 1.3% Over Last Week

42-coin (42) traded down 1.3% against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on January 25th. Over the last week, 42-coin has traded 1.3% higher against the dollar. One 42-coin coin can now be purchased for about $49,169.69 or 0.46997083 BTC on popular cryptocurrency exchanges. 42-coin has a market capitalization of $2.07 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded 1.6% lower against the dollar and now trades at $0.35 or 0.00000339 BTC.
• Litecoin (LTC) traded 6.5% higher against the dollar and now trades at $128.44 or 0.00122770 BTC.
• UNUS SED LEO (LEO) traded 0.5% higher against the dollar and now trades at $9.77 or 0.00009340 BTC.
• Uniswap (UNI) traded 5.3% lower against the dollar and now trades at $12.21 or 0.00011667 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 down 36.4% against the dollar and now trades at $0.13 or 0.00000119 BTC.
• WhiteCoin (XWC) traded down 6.2% against the dollar and now trades at $0.0209 or 0.00000020 BTC.
• dForce USD (USX) traded up 0.1% against the dollar and now trades at $0.99 or 0.00000949 BTC.
• ReddCoin (RDD) traded 370.4% higher against the dollar and now trades at $0.0005 or 0.00000000 BTC.

42-coin Profile

42-coin (42) is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its genesis date was 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 currently possible to buy alternative cryptocurrencies such as 42-coin directly using US dollars. Investors seeking to acquire 42-coin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy 42-coin using one of the aforementioned exchanges.

42/USD price chart by TradingView