CloakCoin (CLOAK) vs IoT Chain (ITC) Comparison

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On this page, you can compare CloakCoin (CLOAK) with IoT Chain (ITC). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

4.5 / 5 2 user reviews 4.7 / 5 3 user reviews

Cryptogeek rating

4.4 / 5 4 / 5

Trust Score

How it works
3.33 / 5 4.22 / 5

About

CloakCoin (CLOAK) cryptocurrency was launched in 2014. It offers an anonymous payment option. You can buy this digital asset on a number of exchanges, including decentralized and instant exchanges, points of sales. It’s also possible to buy CLOAK for fiat (hard) currencies.
IoT Chain (ITC) operates both on cryptocurrency Ethereum protocol as an ERC-20 asset and as a coin on its own mainnet. The ITC cryptocurrency is widely represented on the Asian exchange platforms paired against other cryptos.

Type

coin token

Founding Date

No data 2017

Country

No data International

Languages

No data No data

Team

Not Public Public

Protocol

No data Public blockchain

Current price (USD)

0.1126 0.0214

All-time high (USD)

35.9900 9.5700

Price change (24h)

0.00 -0.02

Volume (24h)

0.00000 0.00000

Hashrate

No data No data

Max Supply

5452984.00000 100000000.00000

Total supply

No data No data

Circulating Supply

6051364.65027 84169228.20605

Transaction speed / Block time

50 1000

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

X13 No data

Proof type

PoW/PoS No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

5465680.67962 100000000.00000

Is trading

yes yes

Block reward

0.156510000019 0.000000000000

Block time

No data No data
Company
User rating User rating 4.5 / 5 2 user reviews User rating 4.7 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 3.33 / 5 Trust Score 4.22 / 5
About
CloakCoin (CLOAK) cryptocurrency was launched in 2014. It offers an anonymous payment option. You can buy this digital asset on a number of exchanges, including decentralized and instant exchanges, points of sales. It’s also possible to buy CLOAK for fiat (hard) currencies.
IoT Chain (ITC) operates both on cryptocurrency Ethereum protocol as an ERC-20 asset and as a coin on its own mainnet. The ITC cryptocurrency is widely represented on the Asian exchange platforms paired against other cryptos.
Type Type coin Type token
Founding Date Founding Date No data Founding Date 2017
Country Country No data Country International
Languages Languages No data Languages No data
Team Team Not Public Team Public
Protocol Protocol No data Protocol Public blockchain
Current price (USD) Current price (USD) 0.1126 Current price (USD) 0.0214
All-time high (USD) All-time high (USD) 35.9900 All-time high (USD) 9.5700
Price change (24h) Price change (24h) 0.00 Price change (24h) -0.02
Volume (24h) Volume (24h) 0.00000 Volume (24h) 0.00000
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply 5452984.00000 Max Supply 100000000.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 6051364.65027 Circulating Supply 84169228.20605
Transaction speed / Block time Transaction speed / Block time 50 Transaction speed / Block time 1000
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability No data Mining profitability low
Algorithm Algorithm X13 Algorithm No data
Proof type Proof type PoW/PoS Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 5465680.67962 Total coins mined 100000000.00000
Is trading Is trading yes Is trading yes
Block reward Block reward 0.156510000019 Block reward 0.000000000000
Block time Block time No data Block time No data

Social

Website

www.cloakcoin.com iotchain.io

Twitter

@CloakCoin @IoT_Chain
Website Website www.cloakcoin.com Website iotchain.io
Twitter Twitter @CloakCoin Twitter @IoT_Chain

Advantages

- Minimizes the human work and effort; Saves time and effort; Good for personal safety and security; Improved security

Disadvantages

- Increased privacy concerns; Increased unemployment rates; Highly dependent on the internet

Rating

User rating User rating 4.5 / 5 2 user reviews User rating 4.7 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4 / 5
Advantages Advantages - Advantages Minimizes the human work and effort; Saves time and effort; Good for personal safety and security; Improved security
Disadvantages Disadvantages - Disadvantages Increased privacy concerns; Increased unemployment rates; Highly dependent on the internet

CloakCoin (CLOAK) user rating is 4.5, based on 2 user reviews. IoT Chain (ITC) user rating is 4.7, based on 3 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.22 / 5 Write review
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CloakCoin (CLOAK) features

At the moment CloakCoin (CLOAK) price is 0.1126. Its 24h volume is 0.0. 24h price change is 0.0.

CloakCoin (CLOAK) max supply is 5,452,984.0. The circulating supply is 6,051,365.65027.

CloakCoin (CLOAK) transaction speed/block time is 50. Block reward is 0.156510000019.

At the moment the number of coins mined is 5,465,681.67962.

CloakCoin (CLOAK) Cryptogeek user rating is 4.5, based on 2 user reviews.

IoT Chain (ITC) features

IoT Chain (ITC) price is 0.214. Its 24h volume is 0.0. 24h price change is 0.2.

IoT Chain (ITC) max supply is 100,000,000.0. The circulating supply is 84,169,228.20605.

IoT Chain (ITC) transaction speed/block time is 1000. Block reward is 0.0.

At the moment the number of coins mined is 100,000,000.0. Mining profitability is low.

IoT Chain (ITC) Cryptogeek user rating is 4.7, based on 3 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare CloakCoin (CLOAK) with IoT Chain (ITC). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.