LBLOCK $1M Giveaway Begun on June 6th – Time to Buy Lucky Block?
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- Lucky Block price is $0.001402, and the 24-hour trading volume is $339,572.
- $1 million draw winners on the Lucky Block crypto gaming platform have received their first daily payment.
- Leading daily draws have begun on Monday, June 6th, and will continue every day following the $1 million draws at 20:00 BST.
The current Lucky Block price is $0.001402 USD, and the 24-hour trading volume is $339,572. CoinMarketCap currently ranks #3392 with a live market cap of not available. There is no circulating supply and a maximum supply of 100,000,000,000 LBLOCK coins. This is an excellent place to start if you’re learning about LBLOCK.
Lucky Block is a cutting-edge cryptocurrency gaming initiative that rewards holders of LBLOCK and non-fungible tokens with daily prizes. The project is powered by the BNB Chain, founded and led by well-known blockchain personalities such as Scott Ryder, a former senior broker for Oakmount & Partners, and James Bason, a former product specialist at Betsson Group.
Lucky Block investors receive an automatic ticket to the daily draws for the main jackpot and recurring payments of 10% of the total jackpot. The LBLOCK token has also created a Platinum Rollers collection of non-fungible tokens that entitle owners to a ticket in the daily NFT draw, supported by short-term trading tax revenues. Finally, as more investors become interested in the project due to the attractive prizes, the value of LBLOCK may rise rapidly as demand for the token rises.
At the same time, supply remains relatively stable, as most token holders will keep their coins to participate in future draws.
$1 Million Draw Winners
The $1 million draw winners on the Lucky Block crypto gaming platform have received their first daily payment. The success of the draws represents a significant product delivery milestone for the company, whose LBLOCK coin only recently began trading.
The Lucky Block prize draw exemplifies Web3’s relevance, in which decentralized applications provide more efficient and transparent customer services. Each Lucky Block Platinum Rollers Club NFT owner was automatically entered into a $1 million special prize draw and the $1 million main prize.
Daily $10K Minimum Prize Draws, Begun Monday (June 6th, 2022)
The leading daily draws have begun on Monday, June 6th, and will continue every day following the $1 million draws at 20:00 BST. Each daily draw includes a minimum prize pool of $10,000 in LBLOCK, but it could be more depending on ticket sales.
These kinds of developments will almost certainly boost the value of LBLOCK. Lucky Block became a major sensation in early 2022 due to extensive coverage in the mainstream media and social media. Lucky Block has become one of the most talked-about cryptos among investors this year due to its unique use case and enormous growth potential.
Producing New Projects
The cryptocurrency gaming platform announced the expansion of its game library. To begin, the gallery will host a series of high-value giveaways, including luxury watches and automobiles. Then there will be a flood of games to choose from to make money.
Since the end of January, the Lucky Block token has been available. Given the current state of cryptocurrencies, the price strength of LBLOCK is even more impressive. In the coming years, the Lucky Block team will most likely begin development on the platform’s other components, such as metaverse integration and its crypto-education platform. They’ll also give you more reasons to invest in LBLOCK, implying that the price could rise to $0.025000.
Bitcoin and the US Dollar
Many cryptocurrencies, including Lucky Block, have benefited from Bitcoin’s recovery to $31,000. Meanwhile, higher coin prices have been attributed to the US dollar’s depreciation. As a result, Bitcoin was trading well above the $29,350 support level.
BTC started a new uptrend after breaking through the $30,000 resistance level. Bitcoin’s price was well bid at the critical $29,350 support level. A base was formed at around $29,350, and the price began to rise again. The resistance levels of $29,800 and $30,000 were clearly breached.
Lucky Block Technical Outlook – 23.6% Fibo Retracement in Play
LBLOCK is trading sideways near the $0.0014 level on Tuesday. The Lucky Block token price faced a hard time violating the significant resistance level of $0.0030. Hence, it plunged after testing the double top resistance level at $0.0028. A bullish breakout above the $0.0028 level could have exposes the LBLOCK price towards $0.0038.
Closing of candles under this level is putting short-term selling pressure on LBLOCK. For the movement, the Lucky Block token is trading just in between the resistance and the support zone. It’s likely to find immediate support near $0.0012. A drop in the price of a leading cryptocurrency Bitcoin is driving selling pressure on the LBLOCK, therefore, a bearish breakout below $0.0012 is possible if selling pressure increases significantly.
As a result, the price of LBLOCK is expected to fall to $0.00010 or $0.00082. Consider buying at or above $0.0010 and selling below $0.0015. Best wishes!
