What does it mean when people say things like "it will reach 40k"? Sorry, i'm new to crypto
Hi aaronf, the price for 1 Cloakcoin right now is ~.00027600 or 27k. When someone says 30k or 40k we are talking about an increase to .0003 or .0004 btc for one cloakcoin. Obviously, if you are a holder of cloakcoin, the higher the value goes, the more BTC you gain.. Does that help?