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Lucky Block emerged as one of the leading cryptocurrency presales in late 2021 and soon took the crypto space by storm with its NFT competition platform. And near the end of 2022, Lucky Block has moved further along its roadmap and has launched an inclusive Lucky Block casino with great games and enticing rewards. As a result, LBLOCK V2 has started to see positive price action.
What is Lucky Block Casino, and How is It Pushing The LBLOCK Price Back in Action?
Lucky Block Casino is a cryptocurrency casino offering players a large selection of casino games like slots, roulette, and provably fair and live games. Launched in the last quarter of 2022, this crypto casino has continued to generate interest with its unique approach to bonuses. Furthermore, it has taken cues from established players of the crypto casino space to make gambling a smooth experience for all types of players.
Whether you are a newbie trying your luck at the crypto casino or a veteran looking for high-rolling opportunities, Lucky Block is the Curacao-licensed casino that offers it all. Here, you get:
A Slew of Games to Choose From
Whether you are an old-school gambler looking to roll a Dice or someone who wants their casino games to meet the modern trends, Lucky Block casino offers it all. With over 2700 games, Lucky Offers you Live casino, roulette, slots, pokers, and much more to choose from.
And the ones providing these games aren’t industry newbies. They are names like Hacksaw Gaming, Pragmatic Play, Wazdan, Play N go, Relax gaming, NoLimit City, Endorphina, Push Gaming, NetEnt, Red Tiger, Big Time Gaming, Gamomat, Microgaming, Fantasma, Thunderkick, and Booongo name a few.
These providers have proved their mettle in the industry with their high RTP offerings enticing the biggest gambling spenders to the crypto space. Even without intending to, these games have started to increase cryptocurrency adoption.
A Well-Performing Sportsbook
Punters are also having a great time interacting with Lucky Block’s sportsbook. Here, players will find a range of sports and markets to bet on, including the FIFA World Cup, NBA 2k, eTennis, MMA, Ice Hockey, Volley Ball, handball, Cricket, Waterpolo, Cycling, Golf, and more.
There is no limit to the type of sport available here. You can choose between traditional sports, eSports, and unconventional, regional sports like Gaelic Hurling. The odds of these games are managed by industry leaders like BetRadar and Odding, who keep the odds fair and the games exciting.
A 15% Cashback Bonus
Cashback bonus in crypto casinos comes with a lot of caveats, mostly in the form of high wagering requirements. Therefore, it is no surprise that many players are driven away when they see 40x or 50x wagering requirements for the Welcome Bonus. But Lucky Block has taken a different route. Instead of giving out a first-deposit bonus, this crypto casino offers a 15% cashback bonus.
After signing in and depositing, players can accumulate cashback by playing games. The cashback is accumulated on net losses that aggregate over seven days. And on the eighth day, players can withdraw the amount by talking to Lucky Block customer support.
How are these Factors Creating a Boost for The LBLOCK Price?
It is fair to say that the fall of LUNA and FTX has forced people to look for assets with a discernible use case. The LBLOCK V2 is one of those few utility-based cryptos that provide a great use-case along with being a great tradable asset on the cryptocurrency exchanges.
The arrival of Lucky Block Casino parabolically increased the LBLOCK V2 price from $0.00014 to $0.00022. Another 40% increase complemented that 33% uptick, and the LBLOCK V2 blew top-off the $0.00030. While the recent that happened later was rapid, it didn’t push the value of the token down. At the time of writing, LBLOCK is accumulating around the $0.00023 mark.
While the arrival of the casino boosted the price of this asset, the launch of the FIFA World Cup stabilized it. Enthusiastic punters have been betting on the outcome of matches since the beginning, and it has kept the Lucky Block sportsbook busy. At the same time, the value of LBLOCK V2 has increased.
LBLOCK Price Prediction in 2023 – There is More Rise to Come
LBLOCK painted a passive green candle near the end of November that coincides with the arrival of the Lucky Block casino. The token has since performed in the accumulation range of $0.00023. The token was up by 7% in the last 24 hours on LBank.
However, a major upturn may be coming soon for LBLOCK as the RSI puts it in the oversold zone. t means that LBLOCK is an undervalued cryptocurrency. Once the new year hits, we will likely see this asset making headway in a positive direction.
Another reason we believe that this crypto will perform in the green zones in 2023 is because of the arrival of more games. While the platform has started, more and more games are introduced every day. And as the ubiquity of this crypto casino grows, we will see support from more crypto assets added. e may also see the addition of more welcome bonuses and loyalty rewards for the high-rollers. These factors will compound to create a force that will push the LBLOCK price in a positive direction.
Meanwhile, head over to luckyblock.com to try your own luck at the games.
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Source: https://insidebitcoins.com/news/crypto-casino-launch-lblock-is-the-one-to-watch-in-2023