Despite the ongoing cryptocurrency market crisis, LBLOCK price prediction is bullish as the coin has seen significant support today. The coin was benefiting from the cryptocurrency market’s modest recovery. This was evident after Bitcoin (BTC), the world’s most valuable cryptocurrency, maintained a price above $16,700 early morning.
However, the total market capitalization of cryptocurrencies was $826.96 billion, an increase of 2% percent from the previous day. As a result, the positive cryptocurrency market was thought to be a major driver in the continued demand for LBLOCK.
On the other side, the growth of COVID-19 cases in China has resulted in strict lockdown rules in different parts of the nation, which sparked massive protests in China and may be responsible for the worldwide financial market fall. In addition to the unrest in China, BlockFi’s Chapter 11 bankruptcy filing is putting a lot of pressure on the cryptocurrency markets.
Lucky Block Launches a Crypto Casino
The upticks in the Lucky Block (LBLOCK) coin was further bolstered by the launch of the Lucky Block Casino and Sportsbook. The launch of the new features has contributed to positive investor sentiment toward the platform and its native token, as seen by the token’s current price of $0.00026, representing a 91% increase in the last 24-hours.
— Stock Market News (@Stock_Market_Pr) November 29, 2022
Because of Lucky Block’s integration of an online casino and sportsbook, users can now play slots, poker, live casino, table games, and wager on 35 sports, including American football, basketball, tennis, Formula 1, and 15 eSports. These extra services could help LBLOCK draw in more users, encourage acceptance, and ultimately drive up the price of the currency when joined with its current NFT competitors.
There are no limits on deposits or withdrawals at Lucky Block, which accepts Bitcoin, Ethereum, Litecoin, Dogecoin, Tether, and many other cryptocurrencies. Lucky Block does not charge any service fees for making deposits or withdrawals.
It’s important to note that, depending on the cryptocurrency, network transaction fees may be incurred when sending funds to the Lucky Block wallet. It is also authorized by the Curaçao Gaming Control Board.
Users can add money to their accounts with a credit or debit card and then make purchases of digital goods right from the website. In the near future, it also hopes to add support for Google Pay, Apple Pay, and LBLOCK.
If you’re looking for a reliable cryptocurrency casino, Lucky Block Casino is a great option thanks to its dedication to offering round-the-clock support via email and live chat. More than a hundred software developers have contributed to the online casino’s library of games.
🔥As an added bonus as part of our marketing campaign, users who deposit and wager any amount will be eligible for the $10,000 #LBLOCK Airdrop, which will go live in December.
— Lucky Block (@luckyblockcoin) November 29, 2022
LBLOCK Price Prediction
LBLOCK, the native token of the Lucky Block platform, has seen a meteoric rise in value since the release of the Lucky Block Casino and Sportsbook. Technically, LBLOCK has huge potential to grow after breaking through a key resistance level at $0.00016. It’s nearing a $0.00025 double top resistance level.
LBLOCK Price Chart – Source: LBANK
The LBLOCK price could rise to $0.00040 or even $0.00060 if 4-hour candles close above this level.
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