42-coin (42) Price Tops $30,218.15 on Exchanges

42-coin (42) traded down 0.3% against the U.S. dollar during the 1 day period ending at 8:00 AM ET on July 11th. 42-coin has a total market cap of $1.27 million and approximately $17.99 worth of 42-coin was traded on exchanges in the last day. During the last week, 42-coin has traded down 21.5% against the U.S. dollar. One 42-coin coin can now be bought for $30,218.15 or 0.51556284 BTC on popular cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded 0.1% higher against the dollar and now trades at $0.11 or 0.00000187 BTC.
• UNUS SED LEO (LEO) traded down 2.7% against the dollar and now trades at $5.67 or 0.00009678 BTC.
• Litecoin (LTC) traded up 2.8% against the dollar and now trades at $67.93 or 0.00115896 BTC.
• Uniswap (UNI) traded 1.3% lower against the dollar and now trades at $7.99 or 0.00013637 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.
• Polymath (POLY) traded 7.8% lower against the dollar and now trades at $0.0827 or 0.00000141 BTC.
• dForce USD (USX) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001699 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• WhiteCoin (XWC) traded 0.2% higher against the dollar and now trades at $0.0043 or 0.00000007 BTC.

42-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. 42-coin’s official Twitter account is @42newchain and its Facebook page is accessible here. The official website for 42-coin 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 presently possible to purchase alternative cryptocurrencies such as 42-coin directly using U.S. dollars. Investors seeking to trade 42-coin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase 42-coin using one of the aforementioned exchanges.

42/USD price chart by TradingView