CloakCoin (CLOAK) vs IOTA (MIOTA) Comparison

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On this page, you can compare CloakCoin (CLOAK) with IOTA (MIOTA). 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 4.3 / 5 3 user reviews

Cryptogeek rating

4.4 / 5 3.8 / 5

Trust Score

How it works
3.33 / 5 4.24 / 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.
IOTA is a distributed ledger and cryptocurrency created to process operations between devices of the Internet of Things. IOTA was launched in 2015. The project is based on an unique directed acyclic graph (DAG) instead of a blockchain. DAG uses a Tangle technology which provides unlimited scaling opportunities and free and fast transactions. The project is backed by non-profit IOTA Foundation. Besides, IOTA ecosystem has its own data marketplace available both for companies and individuals. IOTA quickly gained strong partnerships in the tech industry (including Volkswagen and Bosch) and high market capitalization (by the end of 2017 IOTA reached top 5 list by its, market cap although now its position is lower).

Type

coin coin

Founding Date

No data 2015

Country

No data Germany

Languages

No data No data

Team

Not Public Public

Protocol

No data Public blockchain

Current price (USD)

0.1126 0.2884

All-time high (USD)

35.9900 5.6900

Price change (24h)

0.00 -4.55

Volume (24h)

0.00000 21343458.26533

Hashrate

No data No data

Max Supply

5452984.00000 2779530283.00000

Total supply

No data No data

Circulating Supply

6051364.65027 2779530283.27780

Transaction speed / Block time

50 1500

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

X13 No data

Proof type

PoW/PoS Tangle

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

5465680.67962 2779530283.00000

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 4.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 3.8 / 5
Trust Score How it works Trust Score 3.33 / 5 Trust Score 4.24 / 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.
IOTA is a distributed ledger and cryptocurrency created to process operations between devices of the Internet of Things. IOTA was launched in 2015. The project is based on an unique directed acyclic graph (DAG) instead of a blockchain. DAG uses a Tangle technology which provides unlimited scaling opportunities and free and fast transactions. The project is backed by non-profit IOTA Foundation. Besides, IOTA ecosystem has its own data marketplace available both for companies and individuals. IOTA quickly gained strong partnerships in the tech industry (including Volkswagen and Bosch) and high market capitalization (by the end of 2017 IOTA reached top 5 list by its, market cap although now its position is lower).
Type Type coin Type coin
Founding Date Founding Date No data Founding Date 2015
Country Country No data Country Germany
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) 0.2884
All-time high (USD) All-time high (USD) 35.9900 All-time high (USD) 5.6900
Price change (24h) Price change (24h) 0.00 Price change (24h) -4.55
Volume (24h) Volume (24h) 0.00000 Volume (24h) 21343458.26533
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply 5452984.00000 Max Supply 2779530283.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 6051364.65027 Circulating Supply 2779530283.27780
Transaction speed / Block time Transaction speed / Block time 50 Transaction speed / Block time 1500
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability No data Mining profitability medium
Algorithm Algorithm X13 Algorithm No data
Proof type Proof type PoW/PoS Proof type Tangle
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 2779530283.00000
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 www.iota.org

Twitter

@CloakCoin IOTA
Website Website www.cloakcoin.com Website www.iota.org
Twitter Twitter @CloakCoin Twitter IOTA

Advantages

- Extremely small transactions Scalability Lightweight

Disadvantages

- Smart Contracts Vulnerability

Rating

User rating User rating 4.5 / 5 2 user reviews User rating 4.3 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 3.8 / 5
Advantages Advantages - Advantages Extremely small transactions Scalability Lightweight
Disadvantages Disadvantages - Disadvantages Smart Contracts Vulnerability

CloakCoin (CLOAK) user rating is 4.5, based on 2 user reviews. IOTA (MIOTA) user rating is 4.3, 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: 4.24 / 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.

IOTA (MIOTA) features

IOTA (MIOTA) price is 0.2884. Its 24h volume is 21,343,458.26533. 24h price change is -5.55.

IOTA (MIOTA) max supply is 2,779,530,283.0. The circulating supply is 2,779,530,283.2778.

IOTA (MIOTA) transaction speed/block time is 1500. Block reward is 0.0.

At the moment the number of coins mined is 2,779,530,283.0. Mining profitability is medium.

IOTA (MIOTA) Cryptogeek user rating is 4.3, 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 IOTA (MIOTA). 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.