CloakCoin (CLOAK) vs Vertcoin (VTC) Comparison

Compare companies

On this page, you can compare CloakCoin (CLOAK) with Vertcoin (VTC). 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 4.5 / 5 2 user reviews

Cryptogeek rating

4.4 / 5 4 / 5

Trust Score

How it works
3.33 / 5 4.2 / 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.
Vertcoin (VTC) is the coin of the Vertcoin enterprise. The coin is featured by a few exchanges and can be mined. The Vertcoin project has developed the “Proof-of-Work” algorithm called "Lyra2RE". Vertcoin was designed to serve as the graphics card mined version of Bitcoin. Therefore, one of the team’s goals is to make the mining process more affordable. Recently, the team decided to release updates on a quarterly basis instead of monthly updates.

Type

coin coin

Founding Date

No data 2014

Country

No data International

Languages

No data No data

Team

Not Public Public

Protocol

No data Public blockchain

Current price (USD)

0.1778 0.0547

All-time high (USD)

35.9900 10.0000

Price change (24h)

0.00 -2.10

Volume (24h)

0.00000 23371.90389

Hashrate

No data 2560

Max Supply

5452984.00000 84000000.00000

Total supply

No data No data

Circulating Supply

6048005.53448 70745161.30664

Transaction speed / Block time

50 No data

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

X13 Lyra2REv2

Proof type

PoW/PoS PoW

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

5465680.67962 55630848.81663

Is trading

yes yes

Block reward

0.156510000019 25.000000001490

Block time

No data 150
Company
User rating User rating 4.5 / 5 2 user reviews User rating 4.5 / 5 2 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 4.2 / 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.
Vertcoin (VTC) is the coin of the Vertcoin enterprise. The coin is featured by a few exchanges and can be mined. The Vertcoin project has developed the “Proof-of-Work” algorithm called "Lyra2RE". Vertcoin was designed to serve as the graphics card mined version of Bitcoin. Therefore, one of the team’s goals is to make the mining process more affordable. Recently, the team decided to release updates on a quarterly basis instead of monthly updates.
Type Type coin Type coin
Founding Date Founding Date No data Founding Date 2014
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) 0.1778 Current price (USD) 0.0547
All-time high (USD) All-time high (USD) 35.9900 All-time high (USD) 10.0000
Price change (24h) Price change (24h) 0.00 Price change (24h) -2.10
Volume (24h) Volume (24h) 0.00000 Volume (24h) 23371.90389
Hashrate Hashrate No data Hashrate 2560
Max Supply Max Supply 5452984.00000 Max Supply 84000000.00000
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 6048005.53448 Circulating Supply 70745161.30664
Transaction speed / Block time Transaction speed / Block time 50 Transaction speed / Block time No data
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability No data Mining profitability low
Algorithm Algorithm X13 Algorithm Lyra2REv2
Proof type Proof type PoW/PoS Proof type PoW
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 55630848.81663
Is trading Is trading yes Is trading yes
Block reward Block reward 0.156510000019 Block reward 25.000000001490
Block time Block time No data Block time 150

Social

Website

www.cloakcoin.com vertcoin.org

Twitter

@CloakCoin @Vertcoin
Website Website www.cloakcoin.com Website vertcoin.org
Twitter Twitter @CloakCoin Twitter @Vertcoin

Advantages

- Aged Hardware wallet Lightning Network

Disadvantages

- Not ECO friendly being POW No physical backing

Rating

User rating User rating 4.5 / 5 2 user reviews User rating 4.5 / 5 2 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 4 / 5
Advantages Advantages - Advantages Aged Hardware wallet Lightning Network
Disadvantages Disadvantages - Disadvantages Not ECO friendly being POW No physical backing

CloakCoin (CLOAK) user rating is 4.5, based on 2 user reviews. Vertcoin (VTC) user rating is 4.5, based on 2 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: 4.2 / 5 Write review
Choose other companies
CloakCoin (CLOAK) features

At the moment CloakCoin (CLOAK) price is 0.1778. 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 6,048,006.53448.

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.

Vertcoin (VTC) features

Vertcoin (VTC) price is 0.547. Its 24h volume is 23,372.90389. 24h price change is -2.1.

Vertcoin (VTC) max supply is 84,000,000.0. The circulating supply is 70,745,161.30664.

Vertcoin (VTC) hash rate is 2560. Block reward is 25.149.

At the moment the number of coins mined is 55,630,849.81663. Mining profitability is low.

Vertcoin (VTC) Cryptogeek user rating is 4.5, based on 2 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 Vertcoin (VTC). 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.