I think the high was about $1.80 per cloak, not $11.50, which was a classic bob surplus pump & dump. This time its a different story. We got a real game changing coin with a great team and a real die hard community, ready to show the world what cloak can do.
I expect this time around it will be sorta like the rise of darkcoin, but better.
Disagreeing here. With onemarket, a price of over $100 is possible, but CLOAK has to move from an instrument of speculation, to real world use. Cloak can carve a niche market with libertarians and privacy nuts.
99% of all alts value is speculation. Cloak could be a real player in the space. Even btc's value is largely speculative. Once given a purpose of exchange Cloak will fly.
This is largely a first mover advantage. No one has brought to market a viable product. How long does CLOAK have to bring onenarket out and capture the space? They have the hardest part in place, a truly secure and anonymous solution for which it is unique in all of cryptos.