Whats up fellow Crypto-heads and Blockchain enthusiasts! Today’s Two Minute Token talk will be on one of the OG privacy coins, CloakCoin!
Another coin from the pre-ico era (can you tell we’re a fan of established projects yet?) CloakCoin encrypted its first block back in June of 2014 with an opening price of around eighteen cents a share. With a Market cap of around twenty million USD and a global ranking of 302, CloakCoin is currently trading between $3.50 and $4.00 a share. Of course the two major draws to Cloakcoin are their grade A privacy and their extremely early entrance into the proof of stake environment.
Hopefully you fellow crypto fanatics found this quick look at CloakCoin helpful! And remember to tune back in for our upcoming dive into Cloak where we take a deeper look at the Staking ecosystem and its privacy features!
If you have a coin you’d like to learn about, an aspect of a certain project you’d like discussed, or even an entire point of comparison you think we should add to our coin tutorials, let us know in the comments!
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