CloakCoin Price Prediction 2018, CloakCoin Forecast and Price Charts – When to buy CloakCoin? What is the CloakCoin price today? CloakCoin Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
CLOAKCOIN (CLOAK) PRICE PREDICTION 2018
CloakCoin is touted as one of the most secure system for transaction of crypto currencies. As of 23-3-2018, the price of CloakCoin stands at $6.45. You will get 15.50 CLOAK tokens for your 100$ investment. A long-term price increase is expected based on our forecasts. The five-year prognosis places CloakCoin at 21.166 USD. The price today is $6.48. There are 5,108,600 CLOAK tokens out there and the market cap is $32,943,575. The trading volume is at $342,329 . CloakCoin Price prediction, CloakCoin Price forecast, CloakCoin Price and news, CloakCoin Price forecast, CloakCoin Price prediction 2018, What is the price of CloakCoin 2018.
WHAT IS CLOAKCOIN (CLOAK)?
The CloakCoin is a Proof-of-Stake coin that is one of the first coins to guarantee the security of personal data and the anonymity of the transaction. It makes use of a proprietary technologies like a re routing protocol similar to that used by the Tor network. This technology is called Enigma and this was integrated into the platform after its restart on 2016. The mining algorithm is x13, and the PoW block reward is 496 coins.
CLOAKCOIN (CLOAK): HISTORY
CloakCoin was first introduced in June 2014 and reached an all-time high in August with 0.0035 BTC and a market cap of 8 Million USD. Since then, its development, marketing, and promotions have been taken over by a highly motivated team. The project got a kick in the back in 2016 with a revised version that used Bitcoin-core based control system and the ground breaking Enigma security system.
HOW DOES CLOAKCOIN (CLOAK) WORK?
CloakCoin promises to improve on on four aspects of the crypto industry. Privacy, open-source, usability, and freedom. It uses CloakShield and ENIGMA. The enigma system introduces multi node routing to the platform and thereby making it virtually untraceable. This system selects random nodes to acts as connection bridges between two parties and reroute these connection many times to ensure maximum security.
HOW TO BUY CLOAKCOIN (CLOAK)?
CloakCoin is a bit different in that it is available as a trading pair for Euros. The exchange that supports this pair is LiteBit.eu. You can go the site and exchange it directly for Euros and store them in the official wallet. Since the fees is a bit high when compared to a BTC/CLOAK pair, you can also use BTC to buy them. You can use Coinbase to buy Bitcoin and also use the official wallet to store them.