Only 3 Days Until First of the Daily Draws – Time to Buy Lucky Block?
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- Lucky Block crypto gaming platform’s $1 million draw winners have received their first daily payment.
- The leading daily draws will begin on Monday, June 6th, and every day after the $1 million draws at 20:00 BST.
- LBLOCK could move north to complete a 38.2 percent Fibonacci retracement at $0.0020 and $0.0025.
The Lucky Block crypto gaming platform’s $1 million draw winners have received their first daily payment. The prize draws were held yesterday at 8 p.m. BST. The success of the draws represents a critical product delivery milestone for the company, whose LBLOCK coin only began trading at the end of January.
Lucky Block’s prize draw demonstrates the importance of Web3, where decentralized applications produce more efficient and transparent consumer services. In addition to the main prize of $1 million, each Lucky Block Platinum Rollers Club NFT owner was automatically entered into a $1 million special prize draw. Lucky Block is undoubtedly one of the best long-term crypto investments right now, with a proven revenue stream — approximately 30,000 tickets for the main prize draw were sold for $5 each, with the LBLOCK token being used to pay for them.
The current Lucky Block price is $0.001615, with a 24-hour trading volume of $218,138. Lucky Block has increased by 1.15 percent in the last 24 hours. With a lack of market capitalization, the current market position is #3545. Although the circulation supply is unknown, a maximum of 100,000,000,000 LBLOCK coins are available.
Draws Begin Monday, June 6th, with a Minimum Daily Prize of $10,000.
The leading daily draws will begin on Monday, June 6th, and every day after the $1 million draws at 20:00 BST. Each daily draw has a minimum prize pool of $10,000 in LBLOCK, but it may be higher depending on ticket sales. These types of developments are likely to have a positive impact on LBLOCK prices.
Lucky Block made a big splash in early 2022, thanks to widespread coverage in the mainstream media and social media. The platform’s unique use case and tremendous growth potential have made Lucky Block one of the most talked-about cryptocurrencies this year.
Lucky Block – New Projects in the Making
The cryptocurrency gaming project has announced the expansion of its game portfolio. The gallery will host a series of high-value giveaways, such as luxury watches and automobiles. Then there will be a flood of money-making games to choose from. The Lucky Block token has only been available for purchase since the end of January.
Given the current state of cryptocurrencies, the price strength of LBLOCK is even more impressive. In the coming years, Lucky Block’s team will most likely begin working on other parts of the platform’s roadmap, such as metaverse integration and their crypto-education platform. They will also give more reasons to own LBLOCK, which suggests that the price could go up to $0.025000 by 2025.
Bitcoin and the US dollar
Many cryptocurrencies, including Lucky Block, have benefited from Bitcoin’s recovery to $30,000 in value. Meanwhile, the weakening of the US dollar has been blamed for the increased coin prices. The dollar fell toward its first stable week in three on Friday as traders awaited US jobs data to see how quickly the Federal Reserve would raise interest rates. Markets have priced in two 50-basis-point Fed rate hikes in June and July, but the dollar has been volatile this week due to uncertainty about what will happen after that.
Lucky Block Technical Outlook – Why LBLOCK Could Bounce-off $0.0015?
On Saturday, LBLOCK is trading at $0.0106 with a slight bullish bias. It previously fell from $0.0025 due to market risk-off sentiment as investors moved to less risky assets.
On the daily timeframe, LBLOCK/USDT has broken through the major support level of $0.0020. It’s now testing the next support level of $0.0012. LBLOCK has formed a hammer pattern, which has been followed by a robust bearish rally, indicating that the sellers have run out of options.
Typically, a “hammer” candlestick pattern indicates that sell power is weakening, and bulls may enter the market to secure oversold coins. On the upside, the LBLOCK could move north to complete a 38.2 percent Fibonacci retracement at $0.0020 and $0.0025.
In contrast, a break of the $0.0010 level may expose the LBLOCK price to the $0.0008 mark. Best wishes!
