MobileCoin Self Reported Market Capitalization Achieves $17.37 Million (MOB)

MobileCoin (MOB) traded 3.2% lower against the US dollar during the 1 day period ending at 7:00 AM Eastern on February 1st. MobileCoin has a total market cap of $17.37 million and $18.34 thousand worth of MobileCoin was traded on exchanges in the last 24 hours. One MobileCoin coin can currently be bought for about $0.23 or 0.00000297 BTC on major cryptocurrency exchanges. During the last seven days, MobileCoin has traded up 22.8% against the US dollar.

MobileCoin Coin Profile

MobileCoin (MOB) is a SCP coin that uses the Blake2b hashing algorithm. Its launch date was September 29th, 2021. MobileCoin’s total supply is 250,000,000 coins and its circulating supply is 74,218,324 coins. MobileCoin’s official website is mobilecoin.foundation. The official message board for MobileCoin is medium.com/mobilecoin. The Reddit community for MobileCoin is https://reddit.com/r/mobilecoin and the currency’s Github account can be viewed here. MobileCoin’s official Twitter account is @mobilecoin and its Facebook page is accessible here.

According to CryptoCompare, “The MobileCoin Protocol is a set of rules that define a decentralized cryptocurrency. Anyone is free to review the open soure code that implements the protocol, to verify that it is correct or to propose improvements. The MobileCoin Foundation will oversee development of the MobileCoin software in GitHub.The amount of energy required to operate the MobileCoin network is held low by avoiding Proof of work in favour of Federated Byzantine Agreement via the Stellar Consensus Protocol.The Stellar Consensus Protocol was first described in a whitepaper by David Mazières in 2015. It is a “federated Byzantine agreement system” that allows decentralized, leaderless computing networks efficiently to reach a consensus outcome on some decision.”

Buying and Selling MobileCoin

It is usually not currently possible to purchase alternative cryptocurrencies such as MobileCoin directly using US dollars. Investors seeking to trade MobileCoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase MobileCoin using one of the exchanges listed above.

MOB/USD price chart by TradingView