Last week, the most anticipated LBLOCK ERC-20 token got listed on a centralized exchange, LBank. The listing on this CEX brought a pump in the price of Lucky Block and grabbed the attention of many crypto investors.
Read ahead as we discuss different forms of Lucky Block tokens, the recent listing of the LBLOCK ERC-20 token, and the price predictions of the LBLOCK token.
Your capital is at risk.
Different Versions of Lucky Block Token
The LBLOCK token is available in two variations, V1 and V2, within the Lucky Block community. To preserve price parity between the two different versions of Lucky Block, two tokens are connected by a bridge. The bridge is undergoing some security testing right now and is expected to release in the upcoming weeks.
The first version is V1, which is a BEP-20 token supported by decentralized exchanges, such as PancakeSwap, that runs on the BNB Chain. The second version is an ERC-20 token, which is known as V2, and centralized exchanges support it.
V1, the BEP-20 token, can be used to purchase lottery tickets, collect rewards, and pay the sales tax of 12%. On the other hand, the V2 token cannot be employed to buy lottery tickets and does not collect winnings from the lottery pool.
Only centralized exchanges will offer the V2, the Ethereum – based token, and all sales and purchases of it will be tax-free. The V2 update was required as it simplifies the process for centralized exchanges to list the token, expand its reach, and increase its liquidity.
The token has also successfully undergone a comprehensive third-party security assessment by Solid Proof. Since the V1 token will be continued, long-term Lucky Block investors can continue to participate in the rewards program on decentralized exchanges.
Listing on LBank
V2, the ERC-20 token, recently got listed on LBank last week, and the effect on the value of LBLOCK was instantly favorable. The listing of the LBLOCK ERC-20 token was well received by the investors, and the LBLOCK price went as high as $0.0013 as investors immediately started purchasing this token in good numbers.
At the time of writing, the value of LBLOCK currently stands at $0.001234 with a 24-hour trading volume of $498,719. Due to the recent listing, crypto has seen a pump of about 14.64% in the last 24 hours.
LBLOCK is expected to show a bullish trend in upcoming times as more CEX listings for the LBLOCK coin are expected in the upcoming weeks. The MEXC exchange will host LBLOCK’s next CEX listing. On August 1, LBLOCK will get a green signal to get listed on MEXC.
LBLOCK Price Prediction
Due to its enormous growth potential and intriguing vision, Lucky Block has been regarded as one of the top cryptocurrencies since it was first introduced in the crypto community this year. Due to its strong fundamentals, strong product info flow, and upcoming listings, LBLOCK is already on the list of many investors.
Presently, as bulls maintain the rising trend, LBLOCK has started to rebound upwards once more. Before the upward movement, investors stood strong below the resistance for about a week. Bulls anticipate that resistance at $0.002300 will again be tested by the LBLOCK value. A steady rising trend seems possible if such levels are properly scaled.
By the end of the year, according to market analysts, LBLOCK may reach an all-time high of $0.003900. It is expected that Lucky Block will be completely operational by next year and offer the frequent lottery draws mentioned in the platform’s whitepaper.
Considering this happens, LBLOCK should be able to attract new players to the system, which may bring its value closer to $0.01000. Similar to this, Lucky Block may be able to reach the $0.025000 threshold by 2025 due to the integration of the metaverse and the growth of its crypto-education platform.
Overall, Lucky Block comes out as a decent investment option for beginners due to its upcoming exchange listings, robust fundamentals, and latest NFT projects.
Your capital is at risk.
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Source: https://insidebitcoins.com/news/lucky-block-lists-on-lbank-daily-price-analysis-and-prediction