MobileCoin Self Reported Market Capitalization Hits $42.68 Million (MOB)

MobileCoin (MOB) traded 4.3% lower against the U.S. dollar during the one day period ending at 8:00 AM E.T. on October 24th. Over the last week, MobileCoin has traded down 2.7% against the U.S. dollar. MobileCoin has a market capitalization of $42.68 million and $60,305.91 worth of MobileCoin was traded on exchanges in the last 24 hours. One MobileCoin coin can now be purchased for approximately $0.58 or 0.00000856 BTC on popular cryptocurrency exchanges.

About MobileCoin

MobileCoin is a SCP coin that uses the Blake2b hashing algorithm. It was first traded on September 29th, 2021. MobileCoin’s total supply is 250,000,000 coins and its circulating supply is 74,218,324 coins. 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. MobileCoin’s official website is mobilecoin.foundation. The official message board for MobileCoin is medium.com/mobilecoin.

According to CryptoCompare, “MobileCoin is a privacy-focused cryptocurrency designed for fast, secure transactions on mobile devices. It was founded in 2017 by Josh Goldbard and Shane Glynn and is based in San Francisco. The MobileCoin protocol was open-sourced in 2020 and the network went live in December of the same year. It can be used to send and receive funds through the MobileCoin network and was recently integrated into the Signal encrypted communications app. To use MobileCoin, you need a MobileCoin wallet and MOB token, which can be purchased on their website. The MobileCoin network uses the Stellar Consensus Protocol and has 250 million MOB tokens, with more than 50% available for purchase on their website.”

MobileCoin Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as MobileCoin directly using U.S. dollars. Investors seeking to acquire MobileCoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. 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