The article below is a submitted piece and is not the responsibility of Crypto Insider. This is not financial advice and our analysts are not financial advisors. Investment involves risks. Always consult an advisor when making financial decisions. The information and tips on this website are for educational purposes only.
Lucky Block is lucky – again. Another success for cryptocurrency and non-fungible token (NFT) competition platform Lucky Block! Well-known crypto exchange Gate.io has announced that it will soon offer Lucky Blocks token LBLOCK.
It is expected that the listing of LBLOCK on Gate.io will increase the demand and thus also Lucky Block rate boost, especially given Gate.io’s status as a large centralized exchange with over 10 million registered users.
gate.io is the fifth largest centralized crypto exchange in the world by daily trading volume, according to data from CoinMarketCap and CoinGecko.
According to Lucky Block sources, there is at least one other large centralized crypto exchange that plans to offer LBLOCK soon, but has yet to be confirmed. The exact date of the LBLOCK listing on Gate.io will follow soon.
Lucky Block Price Forecast – Rising Price and More Liquidity Due to LBLOCK V2 Listing on Gate.io
Lucky Block recently introduced a V2 LBLOCK token on the Ethereum (ETH) blockchain. This ERC-20 token was specifically intended to be eligible for registrations with centralized crypto exchanges. That goal seems to have been achieved with this news.
The Lucky Blocks V1 token ran on the Binance Smart Chain network and users paid 12% tax on transactions with the token. On the V2 LBLOCK token, these fees have been completely abolished. The token can currently already be traded via LBank and MEX.
In the run up to the IPO on the large Gate.io, an increase in the price of LBLOCK must be expected. Recently, there was such a rise during the IPO on LBank, where the Lucky Block price rose to a value of around €0.0044. It is expected that a similar, if not higher, peak can be achieved with this new listing.
New ads on centralized exchanges help Lucky Block with Ethereum Bridge
The new listings on centralized exchanges are good news for Lucky Block’s community, some of which are waiting for a bridge to be built with Ethereum. This is an important piece of infrastructure in the Lucky Block ecosystem that allows tokens to be exchanged in both directions. The bridge is currently being tested by Certik.
According to sources close to Lucky Block, the bridge will be available in September. That would be ideal given that the expected listings on Gate.io and possible other centralized exchanges are not until September and can be expected later.
LBLOCK V2 is currently trading at LBank at a price close to $0.001980 per share. token. Users must pay the 12% fee for transfers from LBLOCK V1 to LBLOCK V2, but not vice versa.
Lucky Block NFT Contests – Win a Million in Bitcoin
Lucky Block also organizes several ongoing NFT competitions. You can enter by minting a special NFT from matching collections.
The competitions don’t lie. For example, you can currently win a million worth of bitcoin (BTC), a villa in the same price range, a flashy Lamborghini or an original Bored Ape Yacht Club NFT. Additionally, there are also daily giveaways that recently allowed V1 LBLOCK holders to win around €4,000.
Stay tuned to the Lucky Block website and social media for the latest news on listings, LBLOCK V1 and V2 tokens, and NFT contests.
Interesting pre-sale of Lucky Block Alternative Tamadoge
Interested in a promising cryptocurrency like Lucky Block that is currently holding a pre-sale? Then consider investing in domestic dog. This blockchain gaming project is currently very popular and has raised over €7 million in capital from various (major) investors in a short time.
The above article is a submitted piece and is not the responsibility of Crypto Insider. This is not financial advice and our analysts are not financial advisors. Investment involves risks. Always consult an advisor when making financial decisions. The information and tips on this website are for educational purposes only.