42-coin (42) Price Down 7.4% This Week

42-coin (42) traded up 1.6% against the US dollar during the 24 hour period ending at 7:00 AM Eastern on February 10th. During the last seven days, 42-coin has traded down 7.4% against the US dollar. One 42-coin coin can now be purchased for about $28,113.36 or 0.39936905 BTC on popular cryptocurrency exchanges. 42-coin has a total market cap of $1.18 million and $143.34 worth of 42-coin was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded down 0.5% against the dollar and now trades at $0.0934 or 0.00000135 BTC.
• UNUS SED LEO (LEO) traded up 3.5% against the dollar and now trades at $8.60 or 0.00012455 BTC.
• Litecoin (LTC) traded 0.4% higher against the dollar and now trades at $53.41 or 0.00077361 BTC.
• Uniswap (UNI) traded 0.2% higher against the dollar and now trades at $3.38 or 0.00004891 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.
• Polymath (POLY) traded 38.1% lower against the dollar and now trades at $0.0202 or 0.00000029 BTC.
• dForce USD (USX) traded down 4.7% against the dollar and now trades at $0.71 or 0.00001023 BTC.
• WhiteCoin (XWC) traded 0% higher against the dollar and now trades at $0.0083 or 0.00000012 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 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 purchase alternative cryptocurrencies such as 42-coin directly using US dollars. Investors seeking to acquire 42-coin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase 42-coin using one of the exchanges listed above.

42/USD price chart by TradingView