CloakCoin Trading 31.3% Lower This Week (CLOAK)

CloakCoin (CLOAK) traded 4.7% higher against the dollar during the 1 day period ending at 7:00 AM Eastern on May 14th. One CloakCoin coin can currently be bought for about $0.87 or 0.00003001 BTC on cryptocurrency exchanges. CloakCoin has a total market cap of $5.08 million and approximately $3,589.00 worth of CloakCoin was traded on exchanges in the last day. In the last week, CloakCoin has traded 31.3% lower against the dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Astar (ASTR) traded down 23.3% against the dollar and now trades at $0.0606 or 0.00000209 BTC.
• Stratis (STRAX) traded 0.1% higher against the dollar and now trades at $0.53 or 0.00001835 BTC.
• Bitcoin Diamond (BCD) traded 12.2% lower against the dollar and now trades at $0.18 or 0.00000608 BTC.
• Navcoin (NAV) traded down 2.7% against the dollar and now trades at $0.0761 or 0.00000263 BTC.
• Trisolaris (TRI) traded down 14.5% against the dollar and now trades at $0.10 or 0.00000356 BTC.
• DeepOnion (ONION) traded down 16% against the dollar and now trades at $0.0760 or 0.00000263 BTC.
• BlitzPredict (XBP) traded flat against the dollar and now trades at $0.0021 or 0.00000004 BTC.
• Aston Martin Cognizant Fan Token (AM) traded 7.3% lower against the dollar and now trades at $0.47 or 0.00001640 BTC.
• Stealth (XST) traded down 12.8% against the dollar and now trades at $0.0127 or 0.00000044 BTC.
• Bitcoin Plus (XBC) traded 16.2% lower against the dollar and now trades at $2.34 or 0.00008068 BTC.

CloakCoin Coin Profile

CLOAK is a PoW/PoS coin that uses the X13 hashing algorithm. Its launch date was June 3rd, 2014. CloakCoin’s total supply is 5,844,120 coins. The official message board for CloakCoin is www.cloakcoin.com/en/blog. CloakCoin’s official Twitter account is @CloakCoin and its Facebook page is accessible here. CloakCoin’s official website is www.cloakcoin.com. The Reddit community for CloakCoin is /r/Cloak_Coin and the currency’s Github account can be viewed here.

According to CryptoCompare, “CloakCoin (CLOAK) is an X13 crypto coin that is attempting to introduce anonymity features via exchanges. The team has a core set of four developers workig to implement these attributes. The PoW block reward is a flat 496 coins and will stop after seven days where PoS takes precedence at 6% per annum. There was no premine and the block time is set to 60 seconds. “

Buying and Selling CloakCoin

It is usually not possible to buy alternative cryptocurrencies such as CloakCoin directly using U.S. dollars. Investors seeking to acquire CloakCoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy CloakCoin using one of the aforementioned exchanges.