MobileCoin (MOB) Hits 24 Hour Volume of $18.09 Thousand

MobileCoin (MOB) traded down 6.5% against the US dollar during the one day period ending at 7:00 AM ET on January 4th. One MobileCoin coin can now be purchased for about $0.11 or 0.00000121 BTC on cryptocurrency exchanges. Over the last seven days, MobileCoin has traded down 17.6% against the US dollar. MobileCoin has a market capitalization of $8.23 million and $18.09 thousand worth of MobileCoin was traded on exchanges in the last 24 hours.

MobileCoin Profile

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

MOB/USD price chart by TradingView