Lucky Block launched for trading on January 26th 2022, after completing its presale early. The platform’s unique use case and high growth potential have formed an exciting combination for investors, making Lucky Block one of the most talked-about cryptos this year.
Lucky Block now has two tokens – a BSC token and an ERC-20 token, the second token being more readily listed on a wider range of crypto exchanges and without any transaction tax.
This guide covers a potential Lucky Block price prediction in detail, focusing on the V1 token. We also highlight how the platform works and how its value may be shaped in the months ahead, before showing you how to invest in LBLOCK V1.
|❓ Coin Name||Lucky Block (V1)|
|🔆 Coin Symbol||LBLOCK|
|⏳ Price Change 1h||0.03%|
|🌕 Price Change 24h||0.08%|
|💵 Market Cap||$0|
|🌐 24h Volume||$165|
|🔄 Circulating Supply||0|
|💰 Total Supply||99,600,521,808|
Lucky Block Price History
Since bursting onto the scene earlier this year, Lucky Block has been touted as one of the best altcoins on the market, thanks to its huge growth potential and exciting roadmap. Lucky Block’s innovative use case also helps it stand out from the crowd in an increasingly competitive market. With that in mind, let’s dive in and explore what Lucky Block is and how price reached this point.
Lucky Block is a crypto-gaming platform hosted on the Binance Smart Chain (BSC) that aims to eradicate many of the pain points associated with legacy drawing systems. By porting the lotto process to the blockchain, Lucky Block’s team intends to make the user experience completely decentralized, helping improve fairness and transparency for all stakeholders.
In addition, since legacy lotto systems tend to be extremely slow regarding prize payouts, Lucky Block’s platform will appeal to a vast user base since it can offer almost-instant prize distribution. This is facilitated by using LBLOCK, Lucky Block’s native BEP-20 token that is used for various tasks within the platform’s ecosystem. These include purchasing lotto tickets, prize payouts, and more.
The Lucky Block whitepaper notes that 10% of all jackpots will go to charity, while 10% will be distributed to LBLOCK holders. The latter approach forms the foundation for Lucky Block’s recurring dividend payments, which are estimated to offer a yield of 19.2% per annum. Notably, this yield is linked to the number of people playing Lucky Block’s prize draws – so the more users there are, the higher the yield.
LBLOCK was listed on PancakeSwap in January 2022, producing quadruple-digit returns in its first few weeks of trading. This culminated in LBLOCK reaching an all-time high of $0.009617 on February 17th 2022, giving the token a fully-diluted market cap of over $750 million. However, this peak was short-lived, and LBLOCK gradually descended in the following weeks.
Since early April, LBLOCK has been consolidating around the $0.0018 region, with lows immediately followed by highs. This indicates a significant degree of buying pressure around this area, which could result in a rebound. So, although Lucky Block coin has had a tough few months, the token could be in the prime position for a reversal.
Here’s a quick overview of the key points to keep in mind regarding Lucky Block and its history up until this point:
- Launched on PancakeSwap in January 2022
- Immediately produced gains of over 3,000% from the token’s pre-sale price
- Hit an all-time high of $0.009617 in February 2022
- Has descended from all-time highs and is now consolidating around the $0.0018 region.
Lucky Block Price Prediction 2022
At the time of writing the latest Lucky Block news is its upcoming launch on Gate.io on September 1st – the project’s largest CEX listing to date.
Lucky Block now has two tokens tracked on CoinMarketCap separately – the V1 token alongside a new V2 token, which is an ERC-20 token more readily listed on crypto exchanges that don’t support BSC tokens and without any transaction tax.
That V2 token being better suited to day traders and available to more traders across different exchanges, could help the price to recover to its former all time high. The V1 token price could then recover alongside it – read more about the upcoming Ethereum bridge and LBLOCK V2 here.
Lucky Block Price Prediction 2023
Another reason LBLOCK could be one of the most undervalued cryptos on the market is the incredible hype that the project has been generating – which is impressive considering the token is only a few months old. A prime example of this hype is the recent super-fight between Tyson Fury and Dillian Whyte, which was the former sponsored by Lucky Block.
Whyte has signed a 12-month contract with Lucky Block and showed up to the weigh-ins wearing LBLOCK merchandise – even putting his branded hat on Fury’s head after the face-off. The fight itself was viewed by 94,000 people at Wembley, where Whyte had the Lucky Block logo displayed clearly on his shorts. Millions of people worldwide watched the event at home, providing colossal visibility for the project.
According to Lucky Block’s latest newsletter, website traffic spiked by 47% during fight week, with 87% of website visitors coming from outside the UK on fight night. Ultimately, this highlights how impressive Lucky Block’s marketing strategy has been thus far – with this being just the beginning of a longer-term approach to boosting the token’s visibility.
Lucky Block has also partnered with Love Island’s Jamie Jewitt to launch a regular podcast called Fighting on the Inside in May, available on YouTube. Dillian Whyte has already signed up to be a guest on the podcast, with IBF International Welterweight boxing champion Florian Marku also agreeing to come on the show. With marketing being such an integral part of standing out from the crowd, Lucky Block’s team has seized the opportunities presented to them.
Ultimately, this branding strategy will bring more eyeballs to the Lucky Block platform ahead of lotto draws launching soon. This should help drive the platform’s user base over the longer term, meaning our Lucky Block price prediction for 2023 estimates the token could reach a value of $0.01000.
Lucky Block Price Forecast Long Term Outlook – 2025 Prediction
Now let’s turn our attention to our LBLOCK price prediction for 2025. Although the release of Lucky Block’s apps and the team’s marketing efforts will likely drive engagement over the short term, there must be additional elements which can help LBLOCK retain its long-term value. Fortunately, Lucky Block’s developers have a stellar roadmap which details numerous exciting plans for the future.
One idea presented on this roadmap is potential integration with a metaverse platform. This could make LBLOCK one of the best metaverse coins on the market, depending on how this integration plays out. The specifics of this idea are unclear at present, although it’s certainly worth keeping an eye out for in the years ahead.
This element could dovetail effectively with the recent release of Lucky Block NFTs, which have been incredibly popular since launching earlier this year. These NFTs allow owners to participate in additional daily prize draws worth an estimated $10,000. These draws run separately from Lucky Block’s upcoming lotto draws, which provide NFT owners with two chances of winning a jackpot each day.
Finally, Lucky Block’s upcoming Ethereum bridge will provide limitless opportunities for Lucky Block coin. The network now has over 4,000 decentralized applications (dApps), including numerous DeFi protocols. Lucky Block’s bridge to this network should provide a way to integrate with some of these dApps, providing another reason for users to hold LBLOCK.
As you can see, these aspects of Lucky Block’s roadmap could prove vital to the success of the Lucky Block token. With that in mind, we estimate that LBLOCK could reach a valuation of $0.025000 by 2025.
Potential Highs & Lows of Lucky Block
Those who invest in cryptocurrency regularly will understand that a token’s price can fluctuate wildly every month – and Lucky Block is no exception. We have already seen the token print dramatic highs followed by drastic lows, although this isn’t uncommon for a new project like Lucky Block.
With that in mind, the table below presents some key areas to keep in mind for the years ahead, which could prove to be strong support or resistance levels:
|Year||Potential High||Potential Low|
What is Lucky Block Used For?
If you’re looking to make money with cryptocurrency, it’s vital to invest in a token with several appealing use cases. Fortunately, Lucky Block meets this criterion effectively – with the token’s primary use cases detailed below:
Many investors purchase Lucky Block token to gain exposure to its price movements. As noted earlier in this guide, LBLOCK has already produced quadruple-digit returns, which has led to many investors purchasing the token in the hope that similar returns are generated in the future.
According to BscScan, there are now over 51,700 LBLOCK holders, with trading volume regularly exceeding $1 million each day. This highlights how popular the token is with speculative investors – with this trend likely to continue as Lucky Block grows in stature.
Lucky Block’s Prize Draw
LBLOCK is a crucial part of Lucky Block’s ecosystem, as it is used to purchase lotto tickets for Lucky Block’s daily prize draws. Jackpots are also distributed in LBLOCK, meaning winners can receive their prizes much quicker than legacy lotto providers.
Due to these use cases, LBLOCK will likely grow in demand once Lucky Block’s prize draws go live. Since jackpots are paid in LBLOCK, each winner will be able to hold their tokens and benefit from price increases or exchange them for FIAT to spend in the real world.
Regular Dividend Payments
Finally, Lucky Block also has many of the same features that the best dividend stocks possess, in the sense that LBLOCK holders will be able to receive regular payments simply for holding the token. All that holders need to do is connect their crypto wallet to the Lucky Block app once the lotto draws go live to begin receiving these payments.
According to a recent press release from Lucky Block, LBLOCK holders can expect to receive a yield of over 19% p.a., assuming they hold $1,000 worth of tokens for an entire year. Excitingly, this yield is based on conservative estimates, so it may even grow higher as Lucky Block’s user base expands.
What Drives the Price of Lucky Block?
As one of the best penny cryptocurrencies on the market, Lucky Block’s price is driven by various factors. Let’s dive in and explore three of the main elements that affect the price of LBLOCK:
Strong Community Backing
Since launching in January, LBLOCK has garnered massive attention from both the mainstream media and social media, leading to a vast community being formed. This is evidenced by the Lucky Block Telegram group, which contains over 47,000 members.
Aside from Telegram, Lucky Block also has a substantial following on Twitter and Reddit, alongside mentions from several high-profile media outlets. Ultimately, this exposure and discussion help drive the price of Lucky Block coin higher since it builds hype around the project.
Exciting Marketing Efforts
As mentioned earlier, Lucky Block’s partnership with Dillian Whyte is enormous for the brand, as he is one of the top heavyweight boxers in the world. However, aside from this partnership, Lucky Block also aims to secure contracts with other boxers to bolster the platform’s marketing efforts. Ultimately, this approach will help Lucky Block become more visible to the platform’s target audience, helping drive engagement and grow the user base.
Finally, Lucky Block isn’t stopping once the lotto draws go live and intends to expand rapidly over the coming years. The development team hope to secure listings on various centralized exchanges (CEXs), such as Crypto.com and FTX. This is where LBLOCK V2 comes in, as since this token is an ERC-20 token, it can facilitate the sales tax that Lucky Block employs.
Aside from LBLOCK V2, the project’s roadmap also details plans for exclusive Lucky Block merchandise, fundraising events, cryptocurrency education platforms, and a developer fund to produce the capital needed for future innovations. These aspects of the roadmap will help ensure that LBLOCK has a long-term future, providing more reasons for investors to hold the token.
Where to Buy Lucky Block
If you’re interested in buying Lucky Block, the great news is that would-be investors can now purchase the token directly through Pancakeswap. The official Lucky Block website has a thorough breakdown of how to buy LBLOCK tokens right now. Lucky Block’s team is also developing a payment gateway that will allow investors to purchase LBLOCK directly using their card.
If you’d like to invest in LBLOCK today, you can do so by following the steps presented below:
- Step 1 – Set Up a Crypto Wallet: Set up a BSC-compatible crypto wallet so that you can store LBLOCK post-purchase. We recommend using MetaMask or Trust Wallet.
- Step 2 – Connect Wallet to Lucky Block Website: Head over to Lucky Block’s website and click ‘Buy Lucky Block’. Follow the on-screen instructions to connect your crypto wallet to the website.
- Step 3 – Buy Lucky Block: You will now be able to purchase BNB using FIAT directly through Lucky Block’s website. Once you have BNB, you can then exchange your holdings into LBLOCK, at which point you can transfer your new tokens to your crypto wallet for safekeeping.
Is Lucky Block the Best Crypto to Buy in 2023?
Given the information presented until this point, can Lucky Block be considered one of the best long term crypto investments? We believe so, as Lucky Block’s numerous use cases and exceptional community backing provide the foundation for stellar growth.
This growth has been hinted at earlier in the year, following LBLOCK’s listing on PancakeSwap. LBank also lists LBLOCK and HODL coin. Although the price has fallen significantly from February’s highs, there’s an argument to be made that this provides a compelling opportunity to purchase LBLOCK tokens at a discount. Considering the upgrades that are coming soon, there’s certainly scope for a price rebound in the weeks ahead.
Lucky Block’s Ethereum bridge is a crucial development in the project’s lifespan, as this opens up countless possibilities for dApp integration. Although the specifics of this bridge are still being ironed out, it will undoubtedly allow Lucky Block to benefit from the growth of the Ethereum network – which will be ramping up soon with the release of Ethereum 2.0.
Having said all of that, there’s no doubt that LBLOCK is still a risky investment, as is the case with all small cryptocurrencies. Considering the project is still in its infancy, there will likely be further periods of volatility in the weeks and months ahead, which means the token might be better suited to investors with a higher risk tolerance. However, this also means that potential returns could be greater than with more established cryptos – which is why Lucky Block is one of the most exciting coins in the market at present.
Lucky Block Price Prediction – Conclusion
This article has presented our in-depth Lucky Block price prediction, covering everything you need to know about the token and its price prospects. Although Lucky Block’s price has been tested in recent months, the project still has exceptional potential – providing a viable opportunity to invest in LBLOCK at a discount.
If you’d like to buy Lucky Block today, you can do so by clicking the link below. You can now purchase LBLOCK directly through Lucky Block’s website or by using a decentralized exchange such as PancakeSwap – making it easy to gain exposure to the token’s price movements.
Lucky Block - Undervalued Crypto
- Listed on Gate.io, LBank, MEXC, PancakeSwap
- NFT Competitions, Jackpot Draws
- Powers Casino & Sportsbook Platform - luckyblock.com
- 10,000 NFTs Minted
- $2M+ in Prizes Awarded
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