![MOB](https://images.mudrex.com/MOB.png)
MobileCoin
MOB
Watchlist
₹0
LIVE
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Price of MOB today
The current live price of MOB today is ₹0, with a 24-hour trading volume of ₹1,02,78,250.31. Our MOB to INR price is updated in real-time. MOB has seen a increment of 12.21% in the last 24 hours. With a live market cap of ₹9,45,94,39,278.87 , the circulating supply is at 199,037,308 MOB coins, with a maximum supply of 250,000,000MOB coins.
MobileCoin Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | ₹0.00 | 0% |
7 Days | ₹0.00 | 0% |
30 Days | ₹0.00 | 0% |
1 Year | -₹126.52 | 95.75% |
MobileCoin Price Information
Price Change (1hr)
0%
Price Change (24hr)
0%
Price Change (7d)
0%
MobileCoin Market Stats
Market Cap
₹9,45,94,39,278.87
Fully Diluted Market Cap
₹11,88,14,90,175.87
24hr Volume
₹1,02,78,250.31
49.13%
Circulating Supply
199037308 MOB
Total Supply
250000000 MOB
Things to know about MobileCoin
What is the Token?
MobileCoin (MOB)is a privacy-focused cryptocurrency for mobile devices
Features: Ease of use, transaction speed, low environmental impact, low fees
Technology: Stellar consensus, Monero privacy (CryptoNote, Ring Confidential Transactions)
Tokenomics
Total Supply: 250 million MOB tokens, pre-mined
Market Data
As of today 07 September 2024, the price of MobileCoin is ₹0 INR, with a 24-hour trading volume of 113949.56 USD. The market capitalization for MobileCoin is 104871832.36USD. The circulating supply is 199037308 MobileCoin, with the total supply also being 250000000 MobileCoin.
Token Pros and Cons
Pros:
Privacy Focus: MobileCoin emphasizes privacy through the use of elliptic-curve cryptography, CryptoNote, and zero-knowledge proofs, providing a high level of security against surveillance and data tracking
Low Fees: The platform offers a standard fee structure, making it an attractive option for developers and users seeking cost-effective crypto transactions
User-Friendly Integration: Integration into messaging apps like Signal allows for seamless in-app payments, akin to Venmo but with cryptocurrency, facilitating easy adoption for new users
High Performance and Security: Utilizes the Stellar payment network and incorporates technologies from Monero for enhanced performance and security. The Federated Byzantine Agreement consensus mechanism helps keep the network secure and scalable.
End-to-End Encryption: The MobileCoin Fog feature ensures end-to-end encryption, preventing third-party apps from tracking payments.
Carbon-Negative: MobileCoin is recognized as the world's first carbon-negative cryptocurrency, appealing to environmentally-conscious investors
Cons:
Limited Exchange Listings: MOB is not listed on many exchanges, which could limit accessibility and liquidity for potential investors
Scepticism and Controversy: Some community members express scepticism about the necessity of creating a new token for payments in Signal and concerns about its integration, fearing it could detract from the app’s primary focus on secure messaging
Regulatory Uncertainty: The integration of encrypted messages with anonymous transactions raises regulatory concerns, potentially attracting scrutiny from law enforcement and regulatory bodies worried about misuse by criminal organizations
Market Volatility: Despite its innovative features, MOB has experienced significant price volatility, with its value down almost 99% at one point, raising questions about its long-term viability and investment potential
Complexity for Users: The requirement to buy other cryptocurrencies first and then exchange them for MOB can be a cumbersome process for users, potentially hindering widespread adoption
Why Should You Invest in the Coin?
Privacy features
Integration with Signal
Environmental stance as a carbon-negative cryptocurrency
USP of the Coin
Mobile-first privacy-centric payments
Fast transaction speeds
Low environmental impact
Problem the Coin is Solving
Private, secure, and fast transactions on mobile devices
Improving scalability and user experience in digital payments
Founder and Team Background
Founded by Josh Goldbard and Shane Glynn
CTO: Sara Drakeley
CIO: Henry Holtzman
Approximately 50 engineers
ICO Price and Funding Rounds
ICO Price: $5.69
Series B: Raised $66 million, valued at $1.066 billion.
Series A: Raised $11.4 million
Funding Round: Raised $30 million
Seed Round: Raised $29.7 million
Total Raised: $107.4 million
Risks Associated in Investing in the Coin
Regulatory and Legal Risks
Regulatory Scrutiny
: MobileCoin's focus on privacy and anonymity could attract regulatory attention, especially from bodies like the SEC and IRS, which have increased crackdowns on cryptocurrencies.
AML and KYC Concerns
: Integrating MobileCoin with Signal for anonymous transactions raises concerns about potential misuse for money laundering or evading taxes, which could lead to legal challenges.
Market and Liquidity Risks
Market Volatility
: MobileCoin, like other cryptocurrencies, is subject to high market volatility, leading to significant price fluctuations.
Liquidity Issues
: Limited exchange listings and the potential for market manipulation due to their illiquid nature increase the risk of holding MOB tokens.
Technical and Security Risks
Security Breaches
: Despite MobileCoin's focus on security, the inherent risks of security breaches and hacks persist, which could compromise user funds.
Network Congestion
: While MobileCoin addresses network congestion with fast transaction times, any future scalability issues could impact its performance and user experience.
Adoption and Integration Risks
Integration Skepticism
: The integration of MobileCoin with Signal has faced criticism, with concerns that it could detract from Signal's primary focus on secure messaging.
User Adoption
: The complexity of acquiring and integrating MOB into everyday transactions may hinder widespread adoption among potential users.
Environmental and Operational Risks
Sustainability Questions
: Despite being marketed as carbon-negative, the ecological impact of MobileCoin and other cryptocurrencies remains a topic of debate.
Operational Risks
: Changes in leadership, such as the appointment of a new CEO, could impact MobileCoin's strategic direction and operational efficiency.
Whitepaper Insights
The MobileCoin whitepaper introduces a distributed ledger technology and oblivious computing platform optimized for mobile payments. The paper discusses the creation of "Confidential Tokens," which are multiple tokens on the MobileCoin blockchain, marking the first blockchain to support numerous private tokens on layer one.
MobileCoin's design focuses on privacy, speed, and usability. It employs a consensus mechanism derived from the Stellar network and leverages secure enclaves for transaction validation. Using elliptic-curve cryptography, ring signatures, and zero-knowledge proofs ensures that transaction details remain private.
The whitepaper outlines the MobileCoin protocol's technical aspects, including using Pedersen commitments and Bulletproofs to conceal transaction amounts. It also details the network's environmental considerations, positioning MobileCoin as a carbon-negative protocol.
MobileCoin's integration with messaging apps like Signal is highlighted as a critical feature, enabling users to send and receive funds within the app seamlessly. This integration aims to foster widespread cryptocurrency adoption by making transactions as simple as sending a text message.
The whitepaper also addresses the challenges of network congestion and scalability, which MobileCoin aims to solve with its fast transaction times and Proof-of-Stake consensus algorithm. The protocol's design allows transactions to be completed within 3-5 seconds, significantly faster than many existing cryptocurrencies.
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![MOB](https://images.mudrex.com/MOB.png)
MOB
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Price as per 11:22 PM • 07 Sep 2024
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What is the price of MobileCoin (MOB)?
The current price of MobileCoin (MOB) in INR is ₹0 INR.
What is the current MOB market cap?
The current market capitalization of MobileCoin (MOB) is ₹9,45,94,39,278.87 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of MOB by the number of coins in circulation.
What is the current supply of MobileCoin (MOB)?
The current supply of MobileCoin (MOB) is 199037308 MOB. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of MobileCoin (MOB)?
The 24-hour trading volume of MobileCoin (MOB) in INR is ₹1,02,78,250.31. This figure represents the total value of all MOB transactions across various exchanges within the last 24 hours.
How to Buy MobileCoin (MOB) in India?
To buy MobileCoin (MOB) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in MOB.
Can I buy MobileCoin (MOB) with UPI?
Yes, you can buy MobileCoin (MOB) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert MobileCoin (MOB) to Indian Rupee (INR)?
To convert MobileCoin (MOB) to Indian Rupee (INR), you can use our MOB/INR conversion rates in real time.