Lucky Block Lists on LBank Friday 11 Feb – Price Jumps 130% to $0.002430

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The recently launched Lucky Block token is listing on Hong Kong’s LBank exchange on Friday 11 February at 10am GMT.

The news is a major win for lottery platform Lucky Block as it only started publicly trading 12 days ago on the Pancakswap decentralised exchange.

The Lucky Block price rose over the weekend in response to early news of the LBank listing. LBank has daily trading volumes in excess of $1 billion and attracts 1.4 million weekly users.

Listing on its first centralised exchange is likely to further boost the price of the token, whose mobile app launches on 21 March. The first lottery draw is scheduled to take place on 25 March.

Lucky Block (LBLOCK) price heads for new ATH

lucky block lblock price

LBLOCK is at the time of writing priced at $0.002430, compared to $0.001053 on Friday for a 130% gain.

The price has broken through resistance at around 2000-2200, as is likely to pick up the pace as the listing day approaches.

Sources say that there is more exchange listing news in the pipeline, although it is unlikely to be Binance just yet, despite the release of the project’s ‘Road to Binance’ media release in its first week of public trading.

Read out latest LBLOCK price prediction at the link.

 

The hot lottery token has been trending at number one on the BSC section of DexTools most of the weekend and is racing up the charts as we speak.

lucky block on dextools hot bsc charts

Also, GenX Analytics has named it among the standout  outperformers of the past 24 hours.

Here is the text on the post by Scott Ryder on the official Telegram:

Important announcement: LBank listing details

We are pleased to confirm that trading of Lucky Block’s LBLOCK token will start at 10am GMT+0 on Friday 11 February.

If you don’t already have a LBank account and wish to buy or deposit LBLOCK at the venue, then please set up your account now and you will be able to do so from Thursday 10 February at 10am GMT+0.

LBank hot wallet whitelisting

Transfers from Trust Wallet or Metamask to LBank will not be subject to the Lucky Block 12% transaction fee. Withdrawals will be activated on Saturday 12 February at 10am GMT+0 and, again, the transaction fee will not be incurred.

The exact timing of the listing is beyond our control and we would ideally have preferred not to launch on a Friday, but LBank inform us that they need sufficient time to prepare all marketing materials.

The official announcement on the LBank site will be tomorrow (Tuesday 8 February) 12pm GMT+0.

Here’s the dates and timings again for your calendars:

Announcement time: 8th Feb 12pm GMT+0
Deposit time: 10th Feb 10am GMT+0
Trading start: 11th Feb 10am GMT+0
Withdrawal time: 12th Feb 10am GMT+0

Thank you all for your continuing support and patience.

 

About Gary McFarlane PRO INVESTOR

Gary was the production editor for 15 years at highly regarded UK investment magazine Money Observer. He covered subjects as diverse as social trading and fixed income exchange traded funds. Gary initiated coverage of bitcoin and cryptocurrencies at Money Observer and for three years to July 2020 was the cryptocurrency analyst at the UK's No. 2 investment platform Interactive Investor. In that role he provided expert commentary to a diverse number of newspapers, and other media outlets, including the Daily Telegraph, Evening Standard and the Sun. Gary has also written widely on cryptocurrencies for various industry publications, such as Coin Desk and The FinTech Times, City AM, Ethereum World News, and InsideBitcoins. Gary is the winner of Cryptocurrency Writer of the Year in the 2018 ADVFN International Awards.