Real-time MVL price analysis
The current real-time MVL price is US$0.0044and its trading volume is equal to US$3,560,890 in the last 24 hours. MVL price has fell on
5.91%
on the last day and increased by
3.25%
in the last 7 days. It is important to note that MVL’s current market capitalization is US$106,361,482and the maximum offer is 30,000,000,000 MVL coins. Speaking of revolving supplies, MVL has 24 352 958 863 coins. Currently the MVL rating on the market is #345.
MVL price today
93.81%
below
always on top and that’s it
2599.27%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling MVL are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is MVL?
MVL stands for Mass Vehicle Book. MVL is a blockchain-based ecosystem that collects vehicle data. The platform is intended for use in automated industry. This ensures that mobility data is shared transparently among all participants at a fair value. MVL is most suitable for participants familiar with the automotive industry.
The platform offers immutable vehicle data storage. Users can record all activities associated with a specific vehicle throughout its lifespan. The blockchain protocol protects this data from corruption. MVL gives only the data owner authority over the data stored on the blockchain.
Initially, only a few decentralized services monopolized the data. However, MVL now uses blockchain technology to distribute ownership of data among all network users.
Various participants in the automotive market can add reliable data to the network and connect to the MVL ecosystem. Users who add data to the network are rewarded with MVL Points (MVP).. The reward system encourages contribution to the ecosystem. Users provide various information, such as accurate and transparent data on vehicle management, repair, driving and transportation services.
Data on the blockchain platform can be used by various parties, including car dealers, self-driving car manufacturers and insurance companies. MVP can be used for marketing purposes for various automotive products and services because they reflect the company’s performance. Points can also be exchanged for MVL tokens.
The MVL network has native token, also called MVL, which feeds the entire ecosystem. It has various use cases that keep the platform active. The price of MLV is shown in the real-time MVL price chart above.
MLV Token Use Cases
MVL is a multi-functional token. Firstly, it supports the reward system in the MVL ecosystem. It rewards blockchain miners who record vehicle data on the platform. Secondly, the MVL coin is used for interact with other platform users. The main utility of the MVL cryptocurrency is the trading of goods and services in the MVL ecosystem. In addition, the digital asset can also be used in car sharing services, purchasing car parts, paying for gas and repairs, and even purchasing new cars..
If you are planning to buy MVL crypto assets, please note that the price of MVL is volatile. Therefore, it is recommended to study the MLV price before making any decisions. You can find information about the price of the token in the chart above.
Who founded MVL?
Kay Woo founded MVL in 2021. Other team members include: Jaehwa Han (CTO) and Woosung Song (Security Director). Full-stack engineers Myungkyu, Jiwoon, Park, Kim and Jinok also made a huge contribution to the development of the project.
MVL Tokenomics
The maximum supply of MVL is 30 billion coins. The project uses a tokenomics model with a fixed supply to protect against inflation, which could affect the price of MVL.
What is the MVL trading volume in the last 24 hours?
MVL trading volume is US$3,560,890 in the last 24 hours.
What is the highest price for MVL?
MVL has the highest price $0.0705which was achieved at April 02, 2021 (2 years 10 months ago).
What is the lowest price for MVL?
MVL has the lowest price $0.0002which was achieved at March 13, 2020 (3 years 11 months ago).
Which exchanges are best for buying and selling MVL?
Currently the most active and dominant exchanges for buying and selling MVL are Binance, Kraken & Kucoin. The most popular MVL trading pairs MVL/KRW
(on
Upbit
),
bMVL/VBNB
(on
Biswap
),
MVL/BTC
(on
Upbit
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
Which hardware wallets are the most secure for storing MVL?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage MVL. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
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Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
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A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
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It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
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Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
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