MobileCoin Price Hits $0.18 (MOB)

MobileCoin (MOB) traded 1.9% lower against the U.S. dollar during the 24-hour period ending at 9:00 AM Eastern on March 22nd. One MobileCoin coin can currently be purchased for about $0.18 or 0.00000215 BTC on popular exchanges. MobileCoin has a total market cap of $13.42 million and $13,914.74 worth of MobileCoin was traded on exchanges in the last 24 hours. Over the last week, MobileCoin has traded 3.5% lower against the U.S. dollar.

MobileCoin Coin Profile

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. The Reddit community for MobileCoin is https://reddit.com/r/mobilecoin and the currency’s Github account can be viewed here. MobileCoin’s official website is mobilecoin.foundation. The official message board for MobileCoin is medium.com/mobilecoin.

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

MOB/USD price chart by TradingView