CloakCoin (CLOAK) is the latest coin to receive some buzz, and it seems to have the potential to keep it up.

Cloak Coin is an x13 algorithm Coin (an algorithm gaining quite a bit of popularity) with some very distinct and ambitious features.

Perhaps the most intriguing feature is that of CloakSend.

CloakSend is an anonymous transaction system that is comparable to DarkCoin’s DarkSend.

400% Rise in 24 Hours

Cloak Coin has seen a recent rise of 400% in the last 24 hours. It has jumped from 2o,000 Satoshi to over 85,000 Satoshi in a hurry. Good word travels fast in the cryptocurrency world. It remains to be seen if this is remains sustainable or if this is the start of something big.

All I can say is, there is never a dull moment in the altcoin market.

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