Lucky Block Price Prediction 2022 – Lucky Block Price Forecast 2022, 2023, 2025 & 2030
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
2021 was a stellar year for cryptocurrency, with hundreds of new coins springing up that offered unique use-cases and delivered triple-digit returns. This year looks set to follow the same trend – with Lucky Block being one of the standout crypto projects for the weeks and months ahead.
With that in mind, this article presents our Lucky Block Price Prediction in detail, discussing what the platform is and its price outlook for 2022, before showing you how to buy Lucky Block today – in four quick steps!
Table of Contents
Before you dive in and buy Lucky Block coin, it’s essential to gain a solid overview of its price prospects. Found below is a brief outline of our Lucky Block prediction 2022, derived through extensive technical and fundamental analysis:
If you’re interested in investing in cryptocurrency, then you’ll be glad to know that there are hundreds of exciting crypto projects launching every month that offer the potential to generate huge returns. However, as noted in the intro, Lucky Block is one of the most enticing due to its unique use case and compelling roadmap. Let’s dive in and explore Lucky Block and its story so far.
So, what is Lucky Block? Put simply, Lucky Block is a crypto-lottery platform built on the Binance Smart Chain (BSC) that looks to revolutionise legacy lottery systems. As you may be aware, traditional lotteries tend to be run by giant corporations that don’t seem to place much emphasis on the experience for entrants. What’s more, although most lotteries do have charitable ambitions, it’s often unclear where the proceeds of these lottery draws goes.
Lucky Block’s creators look to solve these issues by leveraging blockchain technology to improve the transparency and fairness of lotto draws. Users worldwide can take part in Lucky Block’s draws, with multiple taking place every day. Winnings are paid out in LBLOCK, the platform’s native token, meaning prize pay-outs are instant – which is in stark contrast to the lengthy process that occurs when using FIAT currency.
LBLOCK is also used to pay for transaction fees within the platform and purchase individual lotto tickets. Notably, LBLOCK holders will be charged a 12% fee whenever they sell their holdings. This is an innovative element of the Lucky Block platform, as the proceeds of these fees are used to supplement future jackpots, liquidity pools, and the NFT & Gaming Royalty Fund. Furthermore, 1% of the LBLOCK tokens that are taken as fees are burned – adding a deflationary aspect to the token.
As noted in the Lucky Block whitepaper, the platform is currently in Phase 3 of its roadmap. Lucky Block recently wrapped up a successful presale phase which saw the allotted token amount sell out nearly two weeks ahead of schedule. Ultimately this prompted the dev team to move up the PancakeSwap listing to meet investor demand. LBLOCK was officially listed on PancakeSwap on 26th January and had over $3.4m in trading volume during its first 24 hours on the exchange.
The Lucky Block price today is hovering around $0.001497, which is over 230% higher than the initial listing price. The buzz around LBLOCK has been heightened in recent weeks by the platform’s strong community backing, with over 23,000 members now in the Lucky Block Telegram group. This strong backing, combined with the dev team’s future plans, means that our Lucky Block stock forecast for the weeks and months ahead is incredibly promising.
Before you dive in and buy cryptocurrency, it’s a good idea to conduct some price analysis to get an idea of the coin’s prospects. Numerous factors can affect a coin’s price, although technical and fundamental elements tend to be the most prominent. With that in mind, let’s see how these two factors shape our Lucky Block prediction:
As noted earlier, the current Lucky Block price is $0.001497 – over 230% higher than when listed on PancakeSwap. Since it was only listed on 26th January, it’s far too early to employ the use of technical indicators such as EMAs or Bollinger Bands. As such, we’ll have to dig a little deeper to gain some perspective for this Lucky Block price prediction.
From the price chart above, we can see that LBLOCK is already showing a strong upwards trend. This is expected given the listing on PancakeSwap, as the added accessibility helps push the price higher. At the time of writing, LBLOCK has jumped by nearly 53% in a matter of hours. So, if you’ve invested $1000 at that point, you’d have already made more than $500 in profit!
This solid positive momentum may make you believe you’ve missed the boat – but that isn’t the case. Lucky Block’s developers aim to obtain a listing on Binance shortly, which is the world’s largest cryptocurrency exchange. If this occurs, the vast amounts of liquidity should naturally push LBLOCK higher – so if you’re a speculative investor, now could be a good time to invest!
According to CoinMarketCap, Lucky Block already has a fully diluted market cap of over $190m – which is remarkable considering it’s only been listed on PancakeSwap for a few days! There is a maximum supply of 100bn LBLOCK tokens, with 32.5bn already in circulation following the platform’s successful presale phase. Over the past 24 hours, there has already been over $8m in trading volume.
One of the main reasons our Lucky Block price prediction is so optimistic is that the token is structured to provide consistent rewards to holders. Much like when you buy dividend stocks, the act of holding LBLOCK will allow investors to receive daily pay-outs, as 10% of each jackpot amount is given back to token holders.
Based on conservative estimates and modelling of the platform’s user base, investors can expect to receive a yield of up to 19.2% p.a, which is far higher than anything that a traditional bank can offer. In addition, these rewards are directly correlated with the number of people that enter Lucky Block’s lotto draws – so the more people that join, the higher the rewards for LBLOCK holders!
Now that you understand the platform’s intricacies, let’s explore our Lucky Block price prediction for the years ahead. Many market commentators believe LBLOCK to be one of the best investments UK in the market right now due to the platform’s compelling roadmap. As noted earlier, one of the main milestones will be to obtain a listing on Binance – although there is much more to be excited about.
Firstly, Lucky Block’s dev team have applied for listings on multiple top centralised exchanges (CEXs), including Crypto.com, Kucoin, OKex, and FTX. Once LBLOCK is listed on these platforms, it will drastically increase the ease of investing in the token, thereby boosting the price. In addition, Lucky Block has also partnered with popular platforms such as DeFi Swap and StakeMoon, increasing liquidity even more.
Another reason to be optimistic about the Lucky Block forecast is that the platform has already been audited by one of Europe’s leading security consultants, SolidProof.io. A quick glance at the security assessment highlights that it passed with flying colours, providing investors with a high level of confidence in the platform’s security level. Finally, Lucky Block is also in the midst of conducting an extensive marketing campaign to increase the ‘buzz’ around the project, with high-profile names such as Love Island’s Jamie Jewitt already coming on board as ambassadors!
With all of that in mind, our Lucky Block price prediction 2025 is very optimistic. Platforms that look to use blockchain technology to improve legacy systems tend to do well – and Lucky Block is no exception. Due to this, our Lucky Block forecast estimates that the coin could be worth $0.0700 by 2025
Looking even further ahead, our Lucky Block price prediction 2030 is similarly encouraging. According to Lucky Block’s roadmap, the developers have some exciting plans in the works for upcoming years – including Lucky Block NFTs. If these plans come to fruition, we could potentially see LBLOCK reach $0.1000 by 2030, which would be a 4900% increase from today’s price!
If you were to invest in Bitcoin during the early stages of its lifecycle, you’d have made incredible returns – and LBLOCK investors will be hoping for a similar outcome! As the price chart shows, the boost in accessibility has already enabled the token’s price to rise substantially. It’ll probably take a few weeks for the price to stabilise and start creating some structure, at which point investors can begin conducting logical technical analysis.
As noted in this Lucky Block price prediction, we are incredibly optimistic about the token’s prospects. Since a portion of LBLOCK is burned regularly, this gradually reduces the total supply of tokens. According to the laws of supply and demand, if the supply of an asset falls whilst demand remains the same (or increases), the price will naturally price. Ultimately, this token burn is one of the most appealing aspects of holding LBLOCK long term – and could result in solid capital gains.
As Lucky Block surged by 300% after listing on PancakeSwap, many investors have looked to get involved in the hype around this exciting crypto project. Since Lucky Block is very early into its lifecycle and hasn’t even officially launched its lotto draws yet, investing in the token can only be completed through PancakeSwap.
PancakeSwap is a decentralised exchange (DEX) that is one of the best trading platforms for investing in BEP-20 tokens. Since it is a crypto exchange, investors looking to buy Lucky Block will need to purchase some crypto beforehand to exchange it into LBLOCK tokens.
Luckily, the investment process is relatively simple. Found below are the four quick steps you need to take to buy Lucky Block today:
To summarise, this Lucky Block price prediction has covered everything you need to know about this exciting crypto project before highlighting the token’s price potential for the weeks and months ahead. Thanks to compelling use cases and an exciting roadmap, Lucky Block looks set to be one of the best altcoins for crypto investors this year.
If you’re looking to buy Lucky Block today, you can do so right now using PancakeSwap. By following the four quick steps presented earlier, you can make your LBLOCK investment easily – all from the comfort of your own home!