42-coin (42) Price Hits $45,736.73

42-coin (42) traded flat against the US dollar during the twenty-four hour period ending at 9:00 AM ET on May 17th. In the last week, 42-coin has traded down 8.7% against the US dollar. 42-coin has a total market cap of $1.92 million and approximately $46.38 worth of 42-coin was traded on exchanges in the last day. One 42-coin coin can now be bought for about $45,736.73 or 0.69336943 BTC on exchanges.

Here is how other cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded up 0.1% against the dollar and now trades at $0.15 or 0.00000231 BTC.
• Litecoin (LTC) traded 1.9% higher against the dollar and now trades at $83.33 or 0.00125867 BTC.
• UNUS SED LEO (LEO) traded 1.7% lower against the dollar and now trades at $5.85 or 0.00008839 BTC.
• Uniswap (UNI) traded up 3% against the dollar and now trades at $7.47 or 0.00011282 BTC.
• NyanCoin (NYAN) traded down 2.2% 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 4.9% lower against the dollar and now trades at $0.0189 or 0.00000029 BTC.
• Polymath (POLY) traded 25.4% higher against the dollar and now trades at $0.12 or 0.00000180 BTC.
• dForce USD (USX) traded up 0.5% against the dollar and now trades at $0.98 or 0.00001477 BTC.
• ReddCoin (RDD) traded 63.5% higher against the dollar and now trades at $0.0002 or 0.00000000 BTC.

42-coin Profile

42-coin 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 website 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 currently possible to buy alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to acquire 42-coin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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