MobileCoin (MOB)

MobileCoin ranks #133 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #818: 685 of the 817 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 1060 non-native assets CoinSpectrum lists above it by market cap, about 67% are tokens, 24% are claims on other assets and 9% are memecoins.

CoinSpectrum GradeC · 57/100 · provisional, D to B
Rank among cryptocurrencies#133
Rank counting claims#818
Market capitalisation$14M
Price$0.0700
Circulating supply198,399,727 MOB
Maximum supplyno fixed cap
Consensus familyFederated
Consensus mechanismMobileCoin Consensus Protocol (SCP-based)
Network purposePrivate payments
Ledger typeSingle-asset ledger
Launch distributionPresale

Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

C — 57 out of 100, provisional (from 18 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 49 to 64 (D to B).

CriterionScoreBasis
Leading Consensus Mechanisms (Source)8.2group average
Consensus: leader ladder8.2Federated: 8.2 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder8.2Federated: 8.2 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)5.4group average, 10 of 12 measured
Sound Money Properties (6 checks) (Source)8.53.4 of 4 points, 2 not yet measured source
Scarcity (Limited supply · 1 Store of value · Whitepaper §6)4.4no fixed maximum; 198 million in circulation: supply scale 8.7, cap 0
Durability (Sustainability · 1 Store of value)✓5 full years since its first recorded price, no halt, freeze or reversal in five years
Fungibility (Interchangeability · 3 Unit of account)✓every unit identical and worth any other
Portability (Scalability · 2 Medium of exchange)–typical fee $0.00003
Divisibility (Flexibility · 3 Unit of account)✓12 decimal places, the smallest unit worth $7.0e-14
Verifiability (Authenticity check · 1 Store of value · Whitepaper §8)–node software open source
Scalability (fees, throughput, block time, block space, features)8.4average of 3 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $0.00003
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)–not yet measured
Block time (10 minutes 10, less either side)5.1a block every 26 seconds
Block space per 10 minutes (32 MB or more 10)–not yet measured
Features (3 checks)101 of 1 passed, 2 not yet researched
Fast payments (Safe to accept within seconds · Whitepaper §11)✓The SCP-based consensus finalises blocks deterministically in a few seconds (stated under 5 s).
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)–Not established.
Light clients (Payments verified from headers · Whitepaper §8)–The mobilecoin repo has a light-client verifier crate, but what it verifies for wallets was not confirmed.
Security (miner pay and 7 checks)32 of 6 points, 3 not yet measured source
Miner pay (A day, $1,000 0 to $10 million 10; 2 points)0not mined
Own hashrate (Half its algorithm's largest, not merge-mined)✗not mined
Largest pool (Pool or validator under 50%)–
Largest three (Under 75% together)–
Clients (More than one maintained)✗1
Open source (Node software)✓MobileCoin Inc. and the MobileCoin Foundation maintain the only node, mobilecoinfoundation/mobilecoin (crates under GPL-3.0 / Apache-2.0).
Real use (1,000+ transactions a day)–
No 51% attack (Nor a deep reorganisation, five years)✓
Decentralisation4.3section average, 6 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No protocol-level freeze or clawback of MOB. source
No central team (Source)0A central team directs it: MobileCoin Inc. and the MobileCoin Foundation maintain the only node, mobilecoinfoundation/mobilecoin (crates under GPL-3.0 / Apache-2.0). source
Who can mint (Source)5.7Federated: 5.7 of 10 on the ladder of who produces blocks
Nodes (Source)—Not yet counted
Holder concentration (Source)—Not yet measured
Premine (allocated at launch)0100% of today's supply allocated at launch to founders, a company, a foundation or investors. All 250M MOB were created in the genesis block (December 2020). There are no block rewards and no open minting. Fees are burned. source
Fundraising0Sold by its issuer or insiders: 100% of supply was theirs to sell, 15% sold so far. May 2018 SAFT: $29.7M led by Binance Labs for 37.5M MOB (15% of 250M). The March 2021 Series A ($11.35M; General Catalyst, Future Ventures) and the August 2021 Series B ($66M; Alameda, Coinbase Ventures and others) were company rounds, and no token amounts were disclosed. source
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. MobileCoin has no block rewards or issuance: all 250M MOB were created at genesis (Dec 2020), and fees are burned. There is nothing to cut. source
Privacy8section average
Privacy (5 checks)84 of 5 passed source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)✓Anyone can create keys and receive and send coins; the protocol carries no identity check.
UTXO ledger (A new key for each payment · Whitepaper §2, §9)✓
Network privacy (Origin hidden by default)✗Clients submit transactions to consensus enclaves over attested channels; no Dandelion or built-in Tor.
Hidden amounts (Amounts confidential)✓RingCT hides amounts in every transaction.
Hidden parties (Sender and receiver hidden)✓Ring signatures hide the sender and one-time (stealth) addresses hide the receiver in every transaction.
Programmability (tokens, contracts, 5 checks)00 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts0Private UTXO transactions with no scripting; signed contingent inputs are a fixed feature.
Multisig and time locks (Without a third party)✗No multisig spending condition; the tombstone block only expires unconfirmed transactions.
Atomic swaps (With other chains)✗Signed contingent inputs (mobilecoind atomic swaps since v4.1.0) trade token types on MobileCoin itself; no hash or time lock exists for swaps with another chain.
Native exchange (Built into the protocol)✗Contingent-input quotes are matched off-chain (deqs), not by an order book in the ledger.
Cross-chain messaging (Verified by the chain itself)✗No cross-chain feature in the protocol.
NFTs (Carried by the chain's rules)✗Additional token IDs are governor-minted fungible tokens; no NFT type.
Supply & Demand5.6group average
Supply & Demand (Source)2.6average of 6 measures
Exchanges (10 or more: 10)11 exchange
Daily volume ($10K 0, $1B or more 10)0$3,641 traded in 24 hours; #3464 by volume on the exchanges the site reads (scored on the median day of the last 30, $712)
Turnover (volume ÷ market cap, 5% a day: 10)00.00% of its market cap a day, median of the last 30 days
Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10)1.9$501 within 2% of the price on 1 exchange, 0.00% of its market cap, median of the last 2 days
Market cap ($1M 0, $10B or more 10)2.9$14M, 2.9 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)10no futures, options or margin on the exchanges read
Supply (smaller is better)8.7no fixed maximum; 198 million in circulation
Record7group average
Record (origin, claims, halts)103 positive, 0 negative source
Positive record
Launched with a stated purpose, not as a joke✓
No claims by its founders that contradict its own design✓
No halt, freeze or reversal in five years✓
Age (years since genesis) (Source)55 full years since 2020-12-07, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)61 positive, 0 negative, 4 not yet researched source
Positive
Steady work, 6 of 6✓21 commits in 4 of the last 12 months (github.com/mobilecoinfoundation/mobilecoin); mobilecoinfoundation/mobilecoin v7.2.2, 2026-10-19; several releases in 24 months (v7.0.x to v7.2.2).
Not yet researched
Shipped a security fix in two years–
Shipped a privacy improvement in two years–
Shipped a scaling upgrade in two years–
Shipped a new capability for users in two years–

Twenty criteria, weighted equally. The Cryptocurrency Standards have five sections: sound money (six qualities: scarcity, durability, fungibility, portability, divisibility, verifiability), scalability (four measures and three features), security (miner pay and seven checks), decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share) and privacy (five checks); programmability (token issuance, smart contracts and five checks) follows them. Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.

Supply

198,399,727 MOB are in circulation, against no fixed cap — issuance has no defined end.

Launch and allocation

Premine (allocated at launch)100% of today's supply
Sold by the issuer or insiders15% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%
FundraisingPrivate or venture funding

All 250M MOB were created in the genesis block (December 2020). There are no block rewards and no open minting. Fees are burned.

May 2018 SAFT: $29.7M led by Binance Labs for 37.5M MOB (15% of 250M). The March 2021 Series A ($11.35M; General Catalyst, Future Ventures) and the August 2021 Series B ($66M; Alameda, Coinbase Ventures and others) were company rounds, and no token amounts were disclosed.

MobileCoin has no block rewards or issuance: all 250M MOB were created at genesis (Dec 2020), and fees are burned. There is nothing to cut.

soldPct = 15 is a floor, counting only the 2018 SAFT tokens. Token sales by MobileCoin Inc. or the Foundation afterwards are not disclosed.

Sources: github.com · mobilecoin.foundation · en.wikipedia.org · theblock.co · coindesk.com. Researched 2026-10-24, high confidence.

What a regulator has said

No SEC/CFTC determination — unclassified.

The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.

How CoinSpectrum ranks MobileCoin

MobileCoin is #133 among cryptocurrencies and #818 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 685 places between MobileCoin's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.

The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).

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