42-coin (42) Price Down 8.4% This Week

42-coin (42) traded 3.5% lower against the U.S. dollar during the twenty-four hour period ending at 21:00 PM E.T. on April 30th. 42-coin has a market cap of $1.86 million and $388.70 worth of 42-coin was traded on exchanges in the last 24 hours. One 42-coin coin can currently be bought for $44,175.99 or 0.73444041 BTC on major exchanges. During the last week, 42-coin has traded down 8.4% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Dogecoin (DOGE) traded 9.8% lower against the dollar and now trades at $0.13 or 0.00000218 BTC.
• Litecoin (LTC) traded down 6.3% against the dollar and now trades at $78.98 or 0.00131228 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.84 or 0.00009700 BTC.
• Uniswap (UNI) traded down 10.4% against the dollar and now trades at $6.97 or 0.00011580 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.
• DEI (DEI) traded 6.4% lower against the dollar and now trades at $0.0176 or 0.00000029 BTC.
• Polymath (POLY) traded 12.4% lower against the dollar and now trades at $0.0879 or 0.00000145 BTC.
• dForce USD (USX) traded down 0.2% against the dollar and now trades at $0.98 or 0.00001631 BTC.
• Lotto (LOTTO) traded down 2.1% 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. It launched on 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 presently 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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy 42-coin using one of the exchanges listed above.

42/USD price chart by TradingView