Lucky Block, one of the leading NFT competitions platform, is set to see a massive rally in the coming days. The LBLOCK token will be listed on the Gate.io exchange in mid-September, and the listing effect can already be seen in the token’s notable rally during the past few days.
Lucky Block could reach ATH with Gate.io listing
The LBLOCK V2 token is set to witness significant gains as it is listed on one of the largest cryptocurrency exchanges. LBLOCK is an NFT competition platform that was launched earlier this year. Since its launch, the team behind it has been working tirelessly to fulfill the promises within the roadmap.
One of the things listed as part of the roadmap is listing the token on several decentralized and centralized exchanges. The token has already been listed on leading exchanges such as PancakeSwap, LBank, and MEXC Global.
Gate.io is the other top exchange that will allow its users to access one of the most promising crypto tokens in the crypto market, LBLOCK. LBLOCK will go live on Gate.io on September 1. The token’s value could skyrocket = to new record highs after this listing.
Gate.io is the fifth-largest exchange by trading volumes and has around 10 million users. The listing could see the Lucky Block community grow as more investors buy the token. Such growth could result in Lucky Block being one of the best play to earn games as the interest in its NFT Competitions platform spikes.
Lucky Block’s price prediction
At the time of writing, LBLOCK was already registering a positive price action, having gained by 3% during the past 24 hours. The token is currently trading at $0.000404, according to data from Coingecko. The gains are remarkable because the past 24 hours have seen many tokens struggle to make any gains.
Technical indicators also show that LBLOCK could make gains, but investors still need to be cautious because of the intense volatility witnessed across the cryptocurrency market. A Relative Strength Index of 52 shows that buyer support is building up, and the token could make some more gains in the short term. However, losses could be reported if the buying pressure takes LBLOCK to the overbought territory.
On the other hand, the Moving Average Convergence Divergence (MACD) shows that LBLOCK is in neutral territory. However, with the growing bullishness, the MACD has slightly crossed the zero line, and traders could start selling after the listing effect is over.
Lucky Block has the potential to deliver long-term gains. Despite being one of the many blockchain gaming projects that have debuted this year, Lucky Block is setting itself apart by focusing on the best of the web 3.0 & crypto sectors.
The Lucky Block NFT platform allows holders of specified NFTs to unlock a wide range of prizes, including a house, $1 million worth of Bitcoin, tickets to the FIFA World Cup, and other prizes.
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