MobileCoin (MOB) Self Reported Market Capitalization Tops $14.12 Million

MobileCoin (MOB) traded up 1.3% against the dollar during the 24 hour period ending at 12:00 PM E.T. on November 5th. One MobileCoin coin can now be bought for about $0.19 or 0.00000183 BTC on exchanges. MobileCoin has a total market capitalization of $14.12 million and $22.33 thousand worth of MobileCoin was traded on exchanges in the last 24 hours. During the last week, MobileCoin has traded 1% higher against the dollar.

MobileCoin Coin Profile

MobileCoin (CRYPTO: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 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 presently possible to purchase alternative cryptocurrencies such as MobileCoin directly using U.S. dollars. Investors seeking to acquire MobileCoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase MobileCoin using one of the aforementioned exchanges.

MOB/USD price chart by TradingView