My Lovely Coin (MLC): Uses, Supply and Risks

My Lovely Coin (MLC) is the utility token associated with My Lovely Planet, a game built around environmental themes. The project describes the game as connecting in-game tree planting with planting trees in the real world. That is the project’s stated model; readers should check its current disclosures to understand how environmental actions are carried out and reported.

MLC is not described as the native coin of a blockchain. Instead, it has been issued on Polygon, Solana and BNB Chain. This means the same token name and ticker may appear on more than one network, so the chain and token contract matter when you receive or send it. MLC is categorized as a gaming and charity-related token, but those labels do not by themselves verify environmental outcomes or establish how the project’s treasury operates.

The project lists several intended uses for MLC within My Lovely Planet. Players can use it to buy digital items in the game, and holding MLC is described as a requirement for unlocking some exclusive content. The project also says holders can vote for NGOs and take part in decisions involving an Environmental Treasury.

These uses depend on the game and its current rules. The token’s usefulness may therefore be affected by changes to the game, its features, or the project’s governance process. Public sources do not specify how much MLC is needed for access, how votes are weighted, which organizations may receive support, or how treasury decisions are implemented. Check the project’s current documentation before relying on any particular feature. MLC should not be treated as a guarantee of a donation, a specific environmental result, or a right to income.

MLC has a stated maximum supply of 350 million tokens. As of 2026-11-05, the reported circulating supply was about 139.3 million and the total supply about 235.5 million. Circulating supply is the portion counted as available in the market; total supply includes tokens that may not currently be circulating. The difference between total and maximum supply indicates that not all of the stated cap was in the reported total at that time.

Market figures change. On 2026-11-05, MLC was priced at about $0.0126, with a market capitalization of roughly $1.8 million and a fully diluted valuation of about $3.0 million. Its historical price record shows substantial movement, including a reported high of about $0.97 on 2025-01-16 and a low of about $0.010 on 2026-07-23. Past prices do not predict future performance, and these figures are not a recommendation to buy or sell.

MLC has been issued on Polygon, Solana and BNB Chain. It is not listed as the native token of any of these networks, so using it may involve selecting the correct network in a wallet or when interacting with a compatible service. A token sent on the wrong network may not arrive in a usable form, and recovery may not be possible.

Before receiving, sending or using MLC, confirm the intended network and the token’s official contract address through My Lovely Planet’s current project channels. Do not rely on a ticker or token name alone: unrelated tokens can use the same or a similar name. Network support can also differ between wallets, exchanges and game features. A balance shown on one chain does not automatically mean that the same balance is available on another; any cross-chain transfer depends on supported bridging arrangements and their risks.

MLC carries the risks of a small, game-related crypto asset. Its market price and trading activity can change sharply, and the token may be difficult to sell at a desired price. Its utility also depends on My Lovely Planet continuing to operate and support the features tied to MLC. Environmental and charity-related claims should be assessed separately from the token’s market value, including by checking how projects and treasury decisions are documented.

For self-custody, use a wallet that supports the specific network on which your MLC is held, and protect the recovery phrase offline. Never share that phrase or sign a transaction you do not understand. Verify the destination address, chain and token contract before sending funds. If using an exchange or another custodian, review its supported networks and withdrawal rules. Losing access, choosing the wrong chain, scams, software vulnerabilities and changes to the game or token arrangements can all lead to losses.