MobileCoin (MOB) Trading Down 8% This Week

MobileCoin (MOB) traded up 11.2% against the US dollar during the 24 hour period ending at 17:00 PM ET on June 23rd. One MobileCoin coin can currently be bought for about $0.0995 or 0.00000156 BTC on cryptocurrency exchanges. MobileCoin has a market cap of $7.39 million and $110,968.32 worth of MobileCoin was traded on exchanges in the last day. In the last seven days, MobileCoin has traded 8% lower against the US dollar.

MobileCoin Profile

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. MobileCoin’s official website is mobilecoin.foundation. MobileCoin’s official message board is medium.com/mobilecoin. 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.

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 presently 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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase MobileCoin using one of the exchanges listed above.

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