Much of this thread is just paid poster, whales, and pumpers. Don't even bother wasting too much time here to get information about cloakcoin, go to cloaktalk or IRC and ask yourself.
As for cloakcoin recovering? Yes, it should and even do better than before.
Listen, if you are investing in cryptos you need to know this market is very very manipulated. Good coins like this get pumped like the rest, this was not an accident. There is purpose and intention in hyping and dumping coins by whales. If you expect to make good on your investment in cryptos and don't understand the market here, you're doomed to fail. These whales run most of it, so what do we do? I'll tell you what to do.
Buy your coins from very well researched and reliably teams, those like cloakcoin that are making real product, not just a coin. The innovation and the tech involved should in theory, become useful in real life. Why do you think some whales are scared of cloak and pumped and dumped in very hard? They have a playground here, and coins with real innovation are not welcome since they disrupt this game.
BUT, here is the real good news, is since Bitcoin there has been no real innovation yet. Some good stuff made, but nothing truly innovative has happened. LTC and clones, or POS coins, all just improvements. Cloakcoin and few others are trying to add a ton of code on top of the blockchain that if they succeed it will be a software/tech innovation/currency that is unlike anything else. You must have a longer view on coins with teams that are producing results and trying the unknown.
As were the internet stocks in the 1990's few lasted, but many promised a lot. Same here, this should be a new tech boom and some of these brilliant teams like cloak get this, and are not looking probably for the BTC whales investing, they are looking for outside of cyptos $$$$ waiting to get in on something real and groundbreaking.
So, you can play ride the wave with shitcoins, or you can invest and forget for awhile while real work is being done. There are no promises in cryptos, but the 1000% returns in days are not real, it's manipulation. If you want 1000% returns then buy and hold coins with promise, that keep you updated, and working toward something like this coin.
Get off this thread and go to home threads of coins with innovation.
99% of the coins are scams or will be killed after a pump and dump, stick with your well researched coins with real teams and work being done, and you'll pick that 1% or less coins that will really have a chance to build something companies and businesses will want to use, and attract real $$$ in time with a finished product, or one evolving. Think bigger, and longer, and you'll have a chance to buy microsoft before people knew much what it was.
Little innovation in digital currencies? Say what? I have some interest in cloak, but to say it is the only coin that has pushed real sound strategies and innovations is ludicrous. Not going to talk up other coins here, but seriously.