MobileCoin Price Tops $0.10 on Major Exchanges (MOB)

MobileCoin (MOB) traded 3.5% lower against the U.S. dollar during the one day period ending at 21:00 PM E.T. on June 16th. One MobileCoin coin can currently be bought for about $0.10 or 0.00000157 BTC on popular cryptocurrency exchanges. Over the last seven days, MobileCoin has traded up 9.3% against the U.S. dollar. MobileCoin has a total market capitalization of $7.72 million and approximately $33,094.90 worth of MobileCoin was traded on exchanges in the last 24 hours.

MobileCoin Coin Profile

MobileCoin 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. MobileCoin’s official message board is medium.com/mobilecoin. MobileCoin’s official Twitter account is @mobilecoin and its Facebook page is accessible here. The official website for MobileCoin is mobilecoin.foundation. The Reddit community for MobileCoin is https://reddit.com/r/mobilecoin and the currency’s Github account can be viewed 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 U.S. dollars. Investors seeking to trade MobileCoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. 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