MobileCoin Trading 17.7% Higher Over Last 7 Days (MOB)

MobileCoin (MOB) traded up 2.2% against the dollar during the 1-day period ending at 18:00 PM Eastern on August 11th. During the last week, MobileCoin has traded 17.7% higher against the dollar. One MobileCoin coin can currently be bought for $0.39 or 0.00000658 BTC on popular cryptocurrency exchanges. MobileCoin has a market cap of $28.74 million and $145,334.59 worth of MobileCoin was traded on exchanges in the last 24 hours.

MobileCoin Coin Profile

MobileCoin is a SCP coin that uses the Blake2b hashing algorithm. It launched on September 29th, 2021. MobileCoin’s total supply is 198,210,294 coins and its circulating supply is 74,218,324 coins. MobileCoin’s official Twitter account is @mobilecoin and its Facebook page is accessible here. MobileCoin’s official message board is medium.com/mobilecoin. MobileCoin’s official website is mobilecoin.foundation. The Reddit community for MobileCoin is https://reddit.com/r/mobilecoin and the currency’s Github account can be viewed 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.”

MobileCoin Coin Trading

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

MOB/USD price chart by TradingView