MVL Price

MVL (MVL) is a cryptocurrency operating on the Ethereum platform that's building a comprehensive data ecosystem for mobility services. Ranked #541 with a current price of $0.002431, it has seen a +0.12% change in the last 24 hours. MVL creates a decentralized data ecosystem encompassing vehicles, batteries, charging stations, and ride-sharing services. By recording mobility data in their Decentralized Physical Infrastructure Network (DePIN), MVL leverages this information to develop innovative mobility services and products. With a market cap of $66.49M, 24-hour trading volume of $154.48K, and a circulating supply of 27.35B MVL out of a maximum 30B MVL, MVL represents an intersection of mobility and blockchain technology. The project ensures data integrity and transparency while enhancing the efficiency of mobility services through its blockchain infrastructure.

MVL was created in May 2018. The cryptocurrency's Initial Coin Offering (ICO) launched on May 15, 2018, and ran until May 24, 2018. During this campaign, the project successfully raised $9,971,500. Since its creation, MVL has been operating on multiple blockchain platforms including Ethereum, BNB Chain, and TON.

MVL was founded by Kay Kyeongisik Woo in 2018. As the primary founder, Woo established MVL with a vision to revolutionize mobility services through blockchain technology. Based in Singapore, Woo and his team created MVL as part of a broader initiative to develop a zero-commission ride-hailing service. The founding team focused on building a decentralized ecosystem for transportation and mobility data, which has since expanded to include various applications in the transportation sector across multiple blockchain platforms.

MVL works as a blockchain-based cryptocurrency operating on the Ethereum platform. It powers a decentralized mobility ecosystem that records and utilizes real-time transportation data through its Decentralized Physical Mobility Infrastructure Network (DePIN). Currently ranked 541 with a price of $0.002431, MVL facilitates transparent transactions across mobility services including vehicles, ride-sharing, and charging stations. The token has a circulating supply of 27.35B MVL out of a maximum 30B MVL, with a market cap of $66.49M. In the past 24 hours, MVL has experienced a +0.12% price change with $154.48K in trading volume. MVL ensures data integrity through blockchain technology, creating an interconnected environment where mobility-related transactions and information sharing remain secure and verifiable. This infrastructure supports the development of innovative mobility services while maintaining transparency across the ecosystem.

MVL operates on a multi-chain architecture primarily built on the Ethereum blockchain. It utilizes ERC-20 token standards with smart contract functionality at its core. The technical infrastructure also extends to BNB Chain and TON blockchain networks through cross-chain compatibility. The architecture implements a Decentralized Physical Infrastructure Network (DePIN) specifically designed for mobility services, which records and processes vehicle data, battery information, and ride-sharing transactions. This system ensures data integrity through distributed ledger technology while maintaining transparency across all mobility-related operations. MVL's technical framework includes specialized protocols for handling mobility data with high throughput capacity, processing approximately $154.48K in daily transactions. The architecture supports a maximum supply of 30B MVL tokens with 27.35B MVL currently in circulation. The system employs advanced cryptographic methods to secure transactions and data while maintaining interoperability between different blockchain networks, making it a versatile solution for the mobility sector.

MVL has a promising future with a comprehensive roadmap focused on expanding its mobility ecosystem. In the near term (2025-2026), MVL plans to enhance its blockchain infrastructure, improve cross-chain capabilities, and integrate more transportation services into its platform. By 2027, the team aims to achieve wider adoption in Asian markets followed by global expansion. The roadmap includes developing advanced IoT connectivity for vehicles, implementing new DePIN (Decentralized Physical Infrastructure Networks) features, and strengthening partnerships in the transportation sector. MVL is also working on improving token utility within its ecosystem, with plans to introduce staking rewards and governance mechanisms. With its current market cap of $66.49M and growing trading volume ($154.48K in the last 24 hours), MVL shows potential for sustainable growth as it continues to build real-world applications in the mobility and transportation sectors across Ethereum, BNB Chain, and TON ecosystems.