MobileCoin (MOB) Hits Self Reported Market Cap of $7.06 Million

MobileCoin (MOB) traded up 0.4% against the dollar during the 1 day period ending at 21:00 PM ET on May 6th. During the last seven days, MobileCoin has traded up 0.8% against the dollar. One MobileCoin coin can now be purchased for approximately $0.0951 or 0.00000150 BTC on major cryptocurrency exchanges. MobileCoin has a total market capitalization of $7.06 million and $96,960.97 worth of MobileCoin was traded on exchanges in the last day.

About MobileCoin

MOB is a SCP coin that uses the Blake2b hashing algorithm. Its genesis date was 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. 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. MobileCoin’s official Twitter account is @mobilecoin and its Facebook page is accessible here.

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.”

Buying and Selling MobileCoin

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

MOB/USD price chart by TradingView