MVL MVL

What MVL actually is on-chain

MVL is an ERC-20 deployed on Ethereum, at contract address 0xa849eaae994fb86afa73382e9bd88c2b6b18dc71. That address, not the ticker MVL, is what uniquely identifies this asset: anyone can deploy a second token calling itself MVL, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, MVL is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in MVL itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For MVL the project publishes a whitepaper, a public source repository and an active account as @mvlchain. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where MVL sits in the market

At #622, MVL is in the top of the small-cap band. Books at this depth are thin enough that one sizeable market order can move the printed price by several percent and retrace within minutes, which is precisely why a single static price target makes a poor trigger — you want a condition that survives one wick. Availability is concentrated in a handful of venues and volume-based delisting is a live risk rather than a theoretical one.

CryptoPingAi is currently streaming 3 live MVL order books (Gate.io, Upbit, Bithumb). That is coverage in line with a #622 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

MVL against its all-time high

MVL is more than 95% below its all-time high of $0.0697 (on 2021-04-02) — a 79.2x gap. At this point the record has essentially no analytical value: it belongs to a different supply structure, a different holder base and often a different market cycle. The useful reference for MVL is the downside, not the peak, so the range section below matters more than this one. It was set 6 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

MVL across its historical range

MVL has traded across a 476x range, between $0.0001466 and $0.0697. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

MVL trades roughly 6.01x above its record low of $0.0001466 (on 2020-03-13). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

MVL supply and valuation data

MVL sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for MVL but not an audited token count. What we do have is a fully diluted valuation of $40.5 million as of 2026-05-12. That places it in the top 10% by fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset MVL is

MVL is an infrastructure asset — the category that includes oracles, data availability, storage and physical-infrastructure networks. Demand for these is derived rather than direct: it depends on how much is being built on top, which makes revenue steadier but growth slower than in consumer-facing categories. Token value accrual is often the weakest link and is worth verifying before assuming it exists.

CoinGecko files MVL under 5 categories, including Internet of Things (IOT), BNB Chain Ecosystem, Ethereum Ecosystem, DePIN, DWF Labs Portfolio. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading. Worth flagging from the metadata: MVL is listed in the DWF Labs portfolio.

How to set a MVL alert that is worth receiving

MVL is the ERC-20 at 0xa849…dc71 on Ethereum — quoted on 3 venues we stream — high dated 2021-04-02 — rank #622. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →