About MVL
It is a blockchain-based ecosystem that connects all services, like the car dealer shops, mechanic shops and car rental companies, that touch your car to collect its lifetime data. Participants from automobile-related companies, services or trade industry will be connected and they will insert core data related to driving, traffic accidents, repairs and other car-related transactions into the blockchain. Participants who provide data related to automobile will receive MVL Point (MVP), a reward system used to encourage contribution to the ecosystem.
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Market Stats
Market Cap
₹6.96B
-1.81%
FDV
₹7.81B
Circ. Supply
27B MVL
Max Supply
30B MVL
Total Supply
30B MVL
Diluted Valuation
₹7.24B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹58.17M
3.62%
Volume (7D)
₹393.98M
Volume (30D)
₹1.95B
All time high
₹6.11
Price Change (1Y)
-21.91%
Additional details
Market details
MVL vs markets
↘ 44.27%
MVL vs BTC
↘ 51.73%
MVL vs ETH
↗ 8.83%
Tags
iot
depin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xA849EaaE994fb86Afa73382e9Bd88c2B6b18Dc71 | |
BNB Smart Chain | 0x5f588EfAf8eB57e3837486e834fC5a4E07768D98 |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹0.26 | ↘ 1.75% |
1 Day | ₹0.26 | ↘ 1.75% |
1 Week | ₹0.29 | ↘ 9.80% |
1 Month | ₹0.29 | ↘ 11.75% |
1 Year | ₹0.32 | ↘ 21.91% |
Coinbase insights
Recent trends
The latest MVL price is ₹0.26. Compared to MVL's value of ₹0.26 from 24 hours ago, there's been a -2% decrease, while the current price is -10% down from ₹0.29 which was recorded one week ago. MVL's all time high is ₹6.11, which was reached on April 2, 2021. This is a -96% change from its price today.
The current circulating supply of MVL is 26,752,958,863. This is 89% of its max supply of 30,000,000,000 MVL and 89% of its total supply of 30,000,000,000. The market cap is currently ₹6.96B, which is a result of multiplying the current price of MVL(₹0.26) by the total supply(30,000,000,000 MVL). The fully diluted valuation of MVL is ₹7.81B. The diluted valuation of MVL is ₹7.81B.
FAQ
Mass Vehicle Ledger is a blockchain mobility system that exchanges mobility data of all participants at fair value, transparently. The system also integrates all mobility-related services into one.
Mass Vehicle Ledger has developed a new blockchain-based ecosystem that has been created for use in the automotive industry. Participants in the ecosystem are expected to be familiar with the automotive industry.
The MVL ecosystem allows users to record all activities related to a particular vehicle for its lifetime and prevent these records from being corrupted. Only the owner has authority over the data stored on the blockchain. Earlier, only a few centralized services monopolized data, but now the power over the ownership of information is evenly shared among people. Various participants in the automotive market can continue to add reliable data and connect to the ecosystem.
Users who provide vehicle data earn MVL points (MVPs), an element of the reward system that promotes contributions to the ecosystem. Different users can give contributions like accurate and transparent data related to vehicle management, driving, repairs, transportation services, and more.
Therefore, blockchain data is used by used car dealers, self-driving car manufacturers, insurance companies, etc. MVPs can be used for marketing purposes because points represent a company's performance. Also, users can exchange it for MVL token (MVL).
The MVL ecosystem issues its native cryptocurrency (MVL coin), rewarding blockchain miners who manage and record vehicle data. The token is used to interact with other MVL users. The primary utility of the MVL coins is to trade goods and services in the MVL ecosystem. Other utilities include car-sharing services, acquiring vehicle parts, paying for repairs and gas, and getting new vehicles. All automotive goods and services traders have the appropriate licenses/licenses to trade such products, and such exchanges are made within the border.
The MVL team includes Kay Woo (CEO), Jaehwa Han (CTO), Woosung Son (CSO), and full-stack engineers Myunkyu, Park, Jineok,. Kim, Jiwoong, and Park (engineer), among others. The total supply of MVL tokens is thirty billion coins. The whitepaper was published in January of 2021.
We update our MVL to INR currency in real-time. Get the live price of MVL on Coinbase.
The current market cap of MVL is ₹6.96B. A high market cap implies that the asset is highly valued by the market.
The all-time high of MVL is ₹6.11. This all-time high is highest price paid for MVL since it was launched.
Over the last 24 hours, the trading volume of MVL is ₹58.17M.
Assets that have a similar market cap to MVL include Bio Protocol, Manta Network, Verge, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of MVL is 27 billion.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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