MobileCoin Price Hits $0.19 on Exchanges (MOB)

MobileCoin (MOB) traded up 2.2% against the dollar during the 1 day period ending at 11:00 AM Eastern on November 9th. MobileCoin has a market cap of $14.31 million and $18.74 thousand worth of MobileCoin was traded on exchanges in the last 24 hours. One MobileCoin coin can now be purchased for about $0.19 or 0.00000186 BTC on exchanges. Over the last seven days, MobileCoin has traded 2.6% higher against the dollar.

About MobileCoin

MOB 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 official message board for MobileCoin 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. 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.”

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 Gemini, GDAX or Changelly. 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