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Market

Market stats

Market cap

$144.6M

Volume (24h)

$12.5M

Circulating supply

24.5B MVL

All time high

$0.0705

Price change (1h)

+1.31%

Price change (24h)

-0.54%

Price change (7d)

+34.32%

About MVL

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. 

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MVL is on the rise this week.

The price of MVL has increased by 1.31% in the last hour and decreased by 0.54% in the past 24 hours. MVL’s price has also risen by 34.32% in the past week. The current price is $0.0059 per MVL with a 24-hour trading volume of $12.48M. Currently, MVL is valued at 91.64% below its all time high of $0.0705. This all-time high was the highest price paid for MVL since its launch.

The current circulating supply of MVL is 24,502,958,863.103 MVL which means that MVL has as total market cap of 24,502,958,863.103.

FAQ

What is the current price of MVL?

We update our MVL to USD currency in real-time. Get the live price of MVL on Coinbase.

What is the market cap of MVL?

The current market cap of MVL is $144.58M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of MVL?

The all-time high of MVL is $0.0705. This all-time high is highest price paid for MVL since it was launched.

What is the 24 hour trading volume of MVL?

Over the last 24 hours, the trading volume of MVL is $12.48M.

What other assets are similar to MVL?

Assets that have a similar market cap to MVL include RSS3, Virtua, SmarDex, and many others. To see a full list, see our comparable market cap assets.

How many MVL are there?

The current circulating supply of MVL is 25 billion.

Can I buy MVL on Coinbase?

Yes, MVL is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy MVL guide.

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