Lucky Block (LBLOCK) Coin Price Prediction – 2022, 2025, 2030

The cryptocurrency industry remains a very revolutionary sector as more and more use cases are generated every day which allows its deeper integration into the daily lives of its users.

A new cryptocurrency Lucky Block (LBLOCK), a unique token, has gained a lot of attention since its launch on 2022, 28 January because of its lottery utility. The lottery is another form of gambling that allows the participants to draw numbers randomly for a reward. These seemed to have drawn the attention of many investors as the number of users increased by tens of thousands within the first quarter.

However, with the continuous slump of the market came a reversal that cleared the initial uptrend of LBLOCK and sent it spiraling from the top price level it had achieved on February 17, 2022. Notwithstanding, investors’ sentiments on many platforms, their hopes remain high on the potential of this coin.

Do the questions remain whether Lucky Block (LBLOCK) would climb back to its previous height? Is the coin forecast for this token promising? We’d answer all that in this article.

What is Lucky Block (LBLOCK)?

More and more integrations of the digital sector and the physical world has brought about the creation of Lucky Block (LBLOCK) as it brings the lottery right into the blockchain. Lucky Block is a token created to represent online gambling and wagering of capital while reducing the generic tediousness that comes with traditional forms of lottery-like slow payouts and lack of transparency.

It was created on the Binance Smart Chain (BSC) and has been regarded as the fastest growing cryptocurrency in 2022 because of the daily influx of users and even calls itself the “no.1 crypto games platform where everyone’s a winner”. Its base in the blockchain was to gain leverage against the generic hacking due to lack of security, lack of payout liquidity, and other operational risks that are characterized by a physical lottery system.

The concept behind Lucky Block is very original and unique which appears to be one of the leading factors that attract more participants to the protocol. It was also made to cater to a wide range of lottery players through the blockchain which helps with fairness in draws, a better transparency system, a great reward system for ardent users that gives them a higher chance of winning, and a solid strategy for investment to ticket buyers and a very vibrant community.

LBLOCK had a run of more than 800% increase in price within the first month of its launch with more than 30,000 holders and close to 5 million monthly users on their platform. The digital world has created a market for both business and individual lottery transactions, these boosted its demand which could especially be seen in the funds raised during its pre-sale on January 20, 2022, where it raised $5.7 million.

The native token for the platform has been distributed to many efforts within its ecosystem where a certain percentage of its total supply of 100 billion LBLOCK, which the circulating supply hasn’t been confirmed, has been kept for:

The token (LBLOCK) serves a lot of needs like;

  • It is used as a payment fee for transactions in the protocol.
  • Users are paid in LBLOCK when they win any games.
  • It’s used in the management of the lottery pool for the proper functionality of the lottery.
  • For NFT and game creators, it’s used as a loyalty fund.
  • Transaction pool management for market operations.
  • Every holder has a chance to participate in the lottery for a daily jackpot and is also an owner of a lottery.

The Lucky Block (LBLOCK) Ecosystem Overview

Lucky Block is an Innovative project that revolutionizes the lottery and gambling industry through blockchain technology. The firm, which is headquartered in the UK, has a leading team of eight staff where Scott Ryder is the CEO and James Thatcher is the Chief Technical Officer. The Lucky Block ecosystem consists of the app, the NFT, and V2 LBLOCK Token.

Lucky Block App

Lucky Block App Layout (Source: Luckyblock.com)

The Lucky Block crypto app was launched on the 21st of March 2022 and is the hub of the ecosystem’s infrastructure and players where they can transact and purchase lotto tickets and connect their wallets. They are available in Android and iOS versions although a lot of users still prefer to use the web app.

The app provides a live data update on users’ dividend yields and jackpot amounts. The interface of the app is user-friendly and quite easy to navigate.

Lucky Block NFT

Lucky Block NFT Collection – Platinum Rollers Club

Lucky Block launched their NFT collection called the Platinum Rollers Club which has an exclusive number of 10,000 NFTs on the 19th of March and these NFTs grant the owners exclusive access to more price draws and game participation.

However, there are 25 rare editions of Platinum Rollers Club and the owners are given the right to be able to double their income if their number comes up in the daily prize draws. The daily prize draws are worth over $9000 which makes the rare versions of these NFTs highly profitable. They were launched on the Binance Smart Chain and can be bought with Wrapped BNB (WBNB) tokens.

Lucky Block V2

Lucky Block is set to have two tokens that share a bridge that’ll help maintain price parity between the two versions. This decision, according to the team, came as a result of a lack of support for the taxation process in the protocol which is necessary for the growth of the ecosystem. Therefore, the V2 LBLOCK to n was released on the Ethereum blockchain (ERC 20) unlike the first version that was launched in the BEP 20.

They plan to keep the circulating supply equal on the two versions by introducing a locking mechanism, a mechanism that allows the same amount of V1 and V2 tokens to be locked at the same time. This aims to maintain stability within the LBLOCK network. However, they both have different use cases as the main token, V1, will be available on Decentralized Exchanges (DEX) and used for lotto ticket purchase and distribution of prizes, while the new token V2 is solely used for trading on Centralized Exchanges (CEX).

A 12% tax would be integrated into the V2 token when it’s sold, thereby encouraging further expansion of the LBLOCK universe. The token launch is expected to induce positive price movements and foster the faster listing of the token on major exchanges.

Features Of Lucky Block (LBLOCK)

The design of this protocol means that the odds are always in your favor as you have about a 70% chance of winning per day. The features that enable this structure of this platform include;

  • An instant payout once you win any game.
  • Even if you don’t participate in any game, a percentage is sent to your wallet from the money won by others that played.
  • Its system of governance is autonomous which means that the people have the right to vote on the protocol’s event.
  • No transaction fee is collected while buying a lottery ticket
  • The Lucky Block app allows users to connect their wallets and manage their tokens.
  • The protocol possesses an internal Random Number Generator (RNG) that picks jackpot winners per session.

Why Use Lucky Block? Benefits Of The Blockchain Lottery Platform

  • Lucky Block is a new use case in the blockchain, therefore, it still holds skepticism for users on the factors that makes it unique and different. These factors include;
  • The platform uses Distributed Ledger Technologies (DTL) which fastens the method of payouts while making it even and fair no matter the capital being withdrawn which is not normal in a traditional gambling system.
  • The distributed ledger also discourages hacking of information and transparency in ledger creation.
  • It operates at a lower cost and margin. Due to the use of automation and databases, the security of lottery numbers is cheaper to manage.
  • The reduction in draw time, which gives users more than one draw daily, allows the users more chances to win.
  • The blockchain, which is dependent on it, has made the platform highly secure, fast in processing data, and transparent in its deals.
  • The holders receive regular payments when their tokens are stored in wallets that are connected to the Lucky Block app as dividends. However, the number of rewards that will be sent out to the users is correlated with the number of news LBLOCK users. A yield of 19.2% APY has been promised to users in the recent press release from the organization.
  • LBLOCK is currently trading only on Pancake Swap where the price had reasonably increased in the past months since its listing. However, it has’t been listed on any major cryptocurrency exchange like Kucoin, OKX, Binance, and the others but the developing team said they’ll be working on the application process that’ll bring their diversification to fruition soon. This will increase the accessibility of LBLOCK to more investors in the future.
  • The Lucky Block features a deflationary and functional structure that allows a part of its token to be burned regularly which allows the reduction in its supply over time thereby increasing the value of the token. There’s a 12% transaction fee whenever a sale is made where 1% of the fee is burned thereby inducing scarcity and a price increase.
  • This token is revolutionary in its functions and mechanisms in the digital lottery sector which aims at improving user experience. The official lottery draws began on the 5th of March, 2022, and have progressed ever since then.

How Does Lucky Block (LBLOCK) Work?

The platform is solely to introduce transparency and security into the fundamentals of the lottery system through the blockchain. Anyone can be a winner in the game and can only participate in the possession of the native token LBLOCK. They can purchase the token by connecting their wallets and buying from a decentralized exchange and the developers create easier methods of buying the token.

Although Users can buy the tickets from the native bank LBank, they need to first transfer from a DEX. The tickets are notably worth $5 each and are also available on the Lottery Block App and website. There are daily draws where the winners are chosen using the random number generator. Most of the segments of this app are still in development so there’s still room for improvement on many aspects of it.

Lucky Block Crypto Roadmap

The platform is solely to introduce transparency and security into the fundamentals of the lottery system through the blockchain. Anyone can be a winner in the game and can only participate in the possession of the native token LBLOCK. They can purchase the token by connecting their wallets and buying from a decentralized exchange and the developers create easier methods of buying the token.

Although Users can buy the tickets from the native bank LBank, they need to first transfer from a DEX. The tickets are notably worth $5 each and are also available on the Lottery Block App and website. There are daily draws where the winners are chosen using the random number generator. Most of the segments of this app are still in development so there’s still room for improvement on many aspects of it

Lucky Block Crypto Roadmap

The roadmap of this platform is worked in four phases which are;

  • The first phase is concentrated on developing their website, and community on social media platforms, and designing a marketing strategy that’ll involve influencers pushing the tokens out for more potential investors. This phase is almost ending as LBLOCK tokens have been deployed into the ecosystem.
  • The main aim of the second phase is to induce that soft launch of the TFL campaign, connecting exchanges for listing, presale, and extensive brand awareness, especially in Manchester and London, and partnership which would offer more credibility to the protocol’s smart contract. The pre-sale price would be decided.
  • The agenda of the third phase was to be listed on Pancake Swap and many other exchanges while developing the native app Lottery Block App. It also involves running ads on many social media platforms to drive up awareness on the platform, running the lottery way testnet, and introducing the desktop version of the LBLOCK app.
  • The fourth phase, which is still in development, hopes to introduce more Innovative technology, integrate the metaverse and online gaming, increase outreach on all possible platforms, scale the Lucky Block NFTs and run a strong advertising campaign. The goals of this final stage are essential as it sets to quicken the adoption of the token in the Crypto sector and its eventual mainstream growth.

From all indications in the phase, it can be seen that the main objective is driving awareness that’ll lead to the increase in asset value and extensive adoption of its utility. This token is set to serve traders and non-traders as it attracts more investors.

Lucky Block Collaborations And Partnerships

Lucky Block firm has partnered with notable companies to drive up their media visibility on their services. They have collaborated with Manc Group, a popular digital platform in the UK with more than 1.7M followers, and Finixio, another digital media that focuses on B2C content like personal finance, cryptocurrency, software media, etc.

Lucky Block (LBLOCK) Price Analysis

Lucky Block Price Chart (Source: Coinmarketcap)

From the price charts, it could be seen that LBLOCK pumped almost on arrival as it saw a price spike to $0.00967 on February 17th, 2022. It was also at that point that Lucky Block holders had risen to 40,000 individuals within its first quarter which helped induce its bullish trend.

However, after peaking at that price, we can see a huge pullback which is regarded as normal as it tries to balance its structure in the cryptocurrency market. The price chart still shows that the chances of another bullish run are high. There’s little historical data on this token but experts’ prediction is going to provide more insight into this token.

Lucky Block Trading Volume (Source: Coinmarketcap)

Lucky Block (LBLOCK) Price Prediction

Experts’ review of this token is ridden with uncertainties because of its new stage and the gambling sector that it represents. Though the blockchain technology caters to the use of its security system to reduce the possibilities of hacking a protocol, sometimes the token ends up damaging its investors which would otherwise have been regulated if it was a physical casino. So it’s advised to do due diligence and do your research while investing only what you can lose because as highly feasible as this project might be, it’s potential for downturn just like every other cryptocurrency. Some of the experts reviews are;

The LBLOCK price may reach $43.520 next year. The average price prediction is $30.463.

WalletInvestor

We forecast that the LBLOCK price is expected to hit $0.089 by the next year.”

GovCapital

The LBLOCK price might reach $0.008481. The average price is predicted to reach $0.00678.

CryptoPredictions

We have a positive outlook for Lucky Block as the LBLOCK price might reach $0.0151 in the next five years in 2027.

DigitalCoin

The digital lottery network in this cryptocurrency sector is still a new concept but future metrics predict an optimistic trend for the token.

Lucky Block Price (LBLOCK) Prediction 2022

2022 is not looking promising for any token as the market tumbles more than 70% in the second quarter. Lucky Block token started this year at $0.0009315 and attained the world price of $0.000893 in June just after the crash of Bitcoin to $20,000. Not much bounce back is expected as the market is already looking weak for both sides, but a reversal might push the price to $0.00071 by the end of the year.

Lucky Block Price Prediction 2023

General market recovery is expected in 2023 and hopefully pushes the prices to a better position. The maximum price level is forecasted to be around $0.0098, with an average price of $0.0085. The price might slip to a minimum value of $0.0070 in 2023.

Lucky Block Price (LBLOCK) Prediction 2024

2024 also looks promising as more and more institutions adopt the use of blockchain. Although volatility in price movements is expected, a year opening at $0.0088 is predicted towards the beginning of the second quarter with an average price level of $0.0095. A new all-time high of $0.0109 is forecasted.

Lucky Block Price Prediction 2025

A push from the previous year is expected to surge the price of LBLOCK coin to $0.01127 as markets remain optimistic. A minimum price value of $0.0094 with an average price level of around $0.0111. The maximum price that’s projected for 2025 is $0.120.

Lucky Block Price Prediction 2026

The kind of regulations that are expected in the sector as time goes on will be a deterrent factor for new potential investors. The is expected to be halved to $0.0098 in the third quarter. A slow bullish momentum is built that’ll propel the price to $0.119 and possibly hit $0.0130 by the end of the year.

Lucky Block Price Prediction 2027

The psychological resistance level of the LBLOCK token is expected to be broken down, thereby putting the year’s average price at $0.0135 by the first quarter. A bullish momentum might emerge pushing the price level to $0.0160 and pushing to new highs at $0.120 if the momentum is maintained till the beginning of the fourth quarter.

Lucky Block Price Prediction 2028

Price forecasts have projected that LBLOCK will reach an average price of $0.0187 as more and more partnerships for the token are made. The marketing strategy of this coin is momentous as they branch into sports betting and others, while also offering sponsorships. The minimum price is pegged at $0.0161 as it slowly climbs to $0.0173 towards the middle of the year.

Lucky Block Price Prediction 2029

LBLOCK is projected to grow even more as new participants join the platform and the lottery pool diversifies. The Lucky Block coin is expected to begin from $0.039 in 2029. A bull run that’ll spike the price of the token to $0.0226 in the first six months is anticipated before the price relaxes to $0.016.

Lucky Block Price Prediction 2030

The price prediction for 2030 is quite uncertain and volatile because more Innovations and similar platforms are built. LBLOCK is projected to have a maximum price of $0.0301, with an average price ranging from $0.0224 and $0.0241. A bounce back for traders that’ll push the price level to $0.0256 is forecasted in the second quarter.

LBLOCK FAQ

Barinem Pene Verified

Barry Pene is a stern blockchain research/copywriter. Barry has been trading cryptos since 2017 and has been invested in issues that would put the blockchain industry on the right pedestal. Barry's research expertise cuts across blockchain as a disruptive technology, DeFis, NFTs, Web3, and reduction of energy consumption levels of cryptocurrency mining.

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