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TürkçeCloud Information
Cloud is rapidly gaining attention for its innovative approach to decentralized storage solutions. By leveraging blockchain technology, it aims to provide users with enhanced privacy and security while making data management more efficient. As the demand for reliable cloud services continues to grow, Cloud positions itself as a frontrunner in the evolving cryptocurrency landscape.
As a cryptocurrency analyst, I am excited to delve into the dynamics surrounding the Cloud coin (CLOUD). The coin has garnered attention in the crypto space, especially after its recent volatility. In this article, we will explore its advantages and disadvantages, historical performance, and future outlook.
Understanding Cloud Coin
Cloud aims to leverage decentralized technology to provide secure and scalable solutions for various applications. Targeting industries such as cloud storage and decentralized finance (DeFi), Cloud seeks to enhance data security and improve transaction efficiency. Its underlying technology and consensus mechanisms are designed to facilitate seamless interactions within its ecosystem.
Past Performance and Historical Insights
The Cloud coin has experienced a rollercoaster ride since its inception. Recently, the coin reached an all-time high of $0.611334 on November 9, 2024, showcasing its strong market interest and investor confidence. However, it has also fallen from that peak, showing a 10.57% decrease since that high. Additionally, the coin is significantly up from its all-time low of $0.133466 recorded on August 5, 2024, marking a staggering 309.62% increase over time.
Advantages of Cloud Coin
One of the key advantages of the Cloud coin is its potential for wide applications in the blockchain space. The emphasis on security and decentralized storage solutions positions it well in an increasingly data-driven world. Moreover, the limited supply of 1 billion coins, with a current circulating supply of 180 million, can contribute to its scarcity, potentially leading to a rise in value as demand increases.
Furthermore, the active community surrounding Cloud, as evidenced by their presence on Discord, indicates solid engagement and support. An active community often contributes to positive sentiment and can drive project improvements and adoption.
Disadvantages and Challenges
Despite its potential, Cloud coin faces several challenges. Its recent price fluctuation of -7.90% in the last 24 hours highlights the inherent volatility associated with cryptocurrencies. This volatility can deter traditional investors looking for stability and could be problematic for long-term holders. Additionally, the coin's market capitalization of approximately $98 million suggests it is still in the early stages of market acceptance and may require more significant backing to ensure a stable future.
Future Outlook
Looking ahead, the future of the Cloud coin will largely depend on its ability to improve upon its technology and expand its utility across various platforms. If the team behind Cloud can deliver on their promises laid out in the whitepaper, there is potential for substantial growth in value and utility. Continued improvements in the protocol, coupled with market expansion, can enhance adoption rates among users and developers alike.
Additionally, while the crypto market is subject to regulatory scrutiny, a proactive approach to compliance could help Cloud coin carve a niche in mainstream applications, securing partnerships and integrations that could bolster its use case.
In conclusion, while Cloud coin presents both opportunities and challenges, its performance and adaptability to market needs will be critical in determining its future trajectory. Investors and users alike should remain vigilant and informed, keeping an eye on Cloud's forthcoming developments and the broader market context.
Further Resources
For those interested in learning more about the Cloud coin and its ecosystem, the official website can be found at Sanctum, and the project whitepaper is available for review at Cloud Whitepaper.
Engaging with the community on Discord can also provide real-time insights and updates: Cloud Community on Discord.
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from price
$1
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General Information |
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Title
Cloud
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Symbol
cloud
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Whitepaper
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Website
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Community
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Last Updated
2024-11-14 23:50
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Price Data |
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Current Price $
0.547147
$
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High 24h
0.621003
$
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Low 24h
0.544665
$
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Price Change 24h
-0.065611525667972
$
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Price Change % 24h
-10.70757
%
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Market Data |
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Market Cap
98486885
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Total Volume
11991125
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Market Cap Change 24h
-11713976.261634
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Market Cap Change % 24h
-10.62966
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
180000000
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Total Supply
1000000000
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Max Supply
1000000000
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Historical Data |
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All Time High (ATH)
0.625172
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ATH Change %
-12.48013
%
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ATH Date
2024-11-13 19:17
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All Time Low (ATL)
0.133466
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ATL Change %
309.95516
%
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ATL Date
2024-08-05 12:51
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