Lucky Block Price Prediction 2022 – 2025 – Cryptonews
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com
Lucky Block’s successful Q1 2022 presale was followed by an even more explosive initial coin offering (ICO). The demand for the Lucky Block (LBLOCK) token was overwhelming and showed in its over 50x price rally to approximately one cent.
LBLOCK has provided early investors huge returns, and market participants are predicting both coins’ future trajectory – there is now a V1 and V2 token. We reviewed the project’s fundamentals and provided a potential Lucky Block price prediction for 2022 to 2025.
Our guide deep dives into Lucky Block’s roadmap and analyzes the factors that could provide investors with even more returns. To make investing in Lucky Block simpler, we also cover a step-by-step guide on how to buy LBLOCK V2.
Before providing a detailed outlook of each year, we provided a price prediction and a brief summary.
Visit Lucky Block Site
Lucky Block proved it would be a successful project from the beginning. Before its exchange listing, Lucky Block had an extremely successful crypto presale. Early-rounding funding gave investors an opportunity to get an edge over the rest of the market.
High demand for Lucky Block’s token, LBLOCK, resulted in the presale selling out ahead of time. Launched in Q4 2021, Lucky Block’s presale was scheduled to last 90 days. Just over 32 billion tokens were available for early investors. The overwhelming demand for the LBLOCK token sold out the presale within 49 days.
What made Lucky Block’s sold-out presale even more impressive is that it happened during the 2022 crypto bear market.
Another key reason investors see huge potential in Lucky Block is that the platform has now transformed itself from just a jackpot prize-draw project to also being a robust NFT competitions platform. Lucky Block’s decentralized prize draws still run, with better transparency and security than traditional platforms, and are now supplemented by NFT giveaways.
The arduous and inefficient process of claiming prizes from conventional draws has made participants apprehensive about entering them. Lucky Block simplified the process by using blockchain, thereby enabling instant payouts and hosting of daily draws.
Entering Lucky Block draws involves participants in good causes as 10% of the total funds collected are distributed to charities, and 70% are dedicated to winners. The remaining 20% is divided between marketing, the token holders and the NFT pool.
After the presale, Lucky Block V1 was listed on the decentralized exchange PancakeSwap on 26 January 2022. High demand from the presale had spilled over to the ICO and resulted in the first Lucky Block bull cycle.
The LBLOCK price pumped more than 1,000% in the month since it started trading. More exchange listings followed, resulting in a further spike after the LBank listing on 11 February 2022.
The entire bull run had provided investors with more than 1,100% returns within the first few weeks of February 2022 after the Lucky Block ICO. Investors who bought the coin during the earliest stage of the presale had profited by an even higher margin – a private sale took place during which the LBLOCK price was $0.00015.
LBLOCK reached an all-time high (ATH) of $0.0095 on 17 February 2022, then proceeded to correct. The Lucky Block V1 price today (at the time of writing) is $0.00034.
Here’s a quick recap of LBLOCK’s price history:
Lucky Block proved that it was one of the best altcoins during its ICO. The project is constantly evolving and aims to make the platform and its native tokens more appealing to draw participants and investors.
One of the ways it has done that is by transforming itself from a project offering jackpots to an NFT competition platform offering major prizes. Participants stand a chance to win a Lamborghini, a home worth $1 million, $1 million in Bitcoin, a Bored Ape Yacht Club NFT, exotic holidays and more.
Drastically increasing the value of its prize pool has made Lucky Block an alluring platform for participants seeking extravagant prizes. That has resulted in more participants joining the platform, which benefits investors.
Participants entering Lucky Block draws need to own LBLOCK. Higher demand for the coin should result in higher prices. As more participants enter draws during 2022, the demand for LBLOCK will increase.
That’s the reason we see the LBLOCK price spiking to its next resistance, at $0.0024 by the end of 2022.
We foresee several factors for a further LBLOCK price pump in 2023. One of them is Bitcoin’s price action. The altcoin market has proven that it follows Bitcoin. Many investors believe that Bitcoin is in a bear market short term, but in the long term will set a new ATH.
Bitcoin Price History – Previous Bear Market
Either way, Bitcoin is poised for more upward movement in the long run. Even if Bitcoin is in a bear market, it hasn’t had a significant short-term rally since crashing from its ATH, which was similar price action during the 2018 bear market (shown above).
After reaching its ATH in 2018, Bitcoin crashed but then bounced to Fibonacci retracement level 0.702. Then, it resumed its bear market. Now that Bitcoin crashed from its ATH of $69,000 in 2022, it hasn’t has a short-term rally to the 0.702 Fib, which is expected.
If it were to hit that price target, Bitcoin would rally to $53,000 and take the altcoin market with it. That means LBLOCK is likely to test its next resistance, at $0.005 by the end of 2023.
Another key development that will make Lucky Block more attractive to investors and possibly result in higher demand is the LBLOCK token burn.
Lucky Block CEO Scott Ryder announced a monthly token burn in September 2022. The intent is to make the coin more valuable. Many cryptos have experienced a drastic rise in value after announcing token burns because investors value scarce assets (most recently Terra LUNA and LUNC).
After the token burn announcement, Lucky Block’s price spiked by 60% within 3 days. Ryder plans to implement a 1% monthly token burn, with the first LBLOCK burn scheduled for 30 September 2022.
In 2023, Lucky Block’s circulating supply will therefore diminish drastically, making it more challenging for investors to buy LBLOCK and causing the LBLOCK token price to rise.
Lucky Block is potentially one of the best cryptos to buy right now before it goes on another bull run, due to its low price point making it undervalued. If LBLOCK reaches resistance at $0.005 in 2023 and breaks through it, its next target will be the ATH at $0.0095.
The crypto community has witnessed a Bitcoin bull run in 2021, but it hasn’t yet seen a significant altcoin bull run. An alt season usually follows Bitcoin’s bull run, and if that were to happen, we could see Lucky Block become the next cryptocurrency to explode and set a new high.
An altcoin bull run could possibly pump Lucky Block’s price to $0.015, an increase of 57% from its current ATH. That could happen before 2025, as a brutal crypto winter market is expected to be in full force during 2025.
After a bull run, a crypto market crash or correction has to follow. Since many investors believe that crypto’s bear market will be harsh, it’s possible that Lucky Block breaks through some of its key supports as it pulls back.
Our LBLOCK price prediction for 2025 is that the coin will retest $0.003 – $0.004 and find strong support at around that level.
Even the cryptos with the most potential are volatile and can consolidate in a specific range for prolonged periods. We prepared the potential highs and lows Lucky Block’s price could reach.
Lucky Block isn’t just another crypto project offering no utility and based off hype. Its price spikes are indicative of investor confidence because it provides several benefits.
Participants can choose the competition they wish to enter. Prizes vary in size from a luxury watch to a home worth $1 million. Draws are hosted daily, and payouts are instantaneous.
The main prizes are in the Platinum Roller Club NFT. To enter, participants need to own Lucky Block NFTs. Participants buy the limited 10,000 NFTs via the Launchpad.xyz. Competitions are hosted weekly and Platinum Rollers Club holders are automatically entered.
The added benefit of holding LBLOCK is that participants can earn even if they didn’t win one of the main prizes. That’s because Lucky Block provides rewards daily to participants as long as they have their NFTs in their wallets.
The platform provides the most rewards to investors who have the highest number of NFTs for the longest duration.
Investors looking for a long term crypto project will find Lucky Block to be an ideal investment. A cryptocurrency can provide longevity only if it solves a real-world problem and provides investors high returns.
Lucky Block has demonstrated both. Investors who bought LBLOCK during its private sale or presale received more than 1,000% returns after the coin’s major exchange listings. In mid-September 2022, LBLOCK V1 spiked around 60% after the announcement of the token burn.
As for utility, Lucky Block has drastically expanded its prize range. But more importantly, it’s made NFT and crypto giveaways more fair and transparent by hosting them on the blockchain – in the case of Lucky Block V1 on the Binance Smart Chain.
By decentralizing its draws, Lucky Block has made its competition platform more secure. A third party cannot interfere in the draws and sway the results.
LBLOCK is one of the cryptocurrencies with the highest upside because it has several key factors that influence its price favorably.
Lucky Block is constantly evolving to offer investors more returns and provide bigger prizes to competition participants. Its latest development is the 1% token burn. That will take place monthly, which will significantly reduce the coin’s supply over a prolonged period.
Part of the CEO’s announcement was Lucky Block partnering with major Web3 projects. Another announcement was more exchange listings for the Lucky Block V2 token.
A major development to the Lucky Block network is its ERC-20 token update, known as LBLOCK V2. At launch, Lucky Block had developed a BEP-20 token to enable participants to enter draws and receive payouts instantly.
Although transaction fees for buying tickets with the BEP-20 didn’t apply, investors incurred a 12% sales tax for trading the coin. Lucky Block wanted to provide a sales tax-free token, so it developed LBLOCK V2.
This ERC-20 token, a proof of stake crypto, expedited centralized exchange listings. Lucky Block is listed on LBank, MEXC, Uniswap and as of Q3 2022 on Gate.io.
Part of the development of LBLOCK V2 is the upcoming Lucky Block Bridge. The BEP-ETH bridge will go live on 3 October 2022 and enable V1 token holders to upgrade to V2. This Ethereum bridge will enable investors to transfer their assets between protocols from one smart contract chain to release them into another.
Most of the fastest growing cryptos went on bull runs based purely on speculation. It was a self-fulfilling prophecy, where investors thought that altcoins would pump, so they bought, thereby driving the price up.
Lucky Block is another altcoin that has been the subject of speculation. Many investors believed that certain fundamental changes to Lucky Block’s platform would result in price pumps. To profit from those movements, investors bought Lucky Block and fueled further speculations of price spikes as their purchases increased demand.
The latest speculation among many investors is that altcoins are due for a bull run and LBLOCK is an undervalued crypto asset. The market sentiment on Bitcoin is bearish, but many investors believe that an altcoin bull run should follow any Bitcoin price rally.
Lucky Block has proven that its price can pump massively. And once more members of the crypto community change their sentiment to bullish, an altcoin bull run is likely to follow.
Some of the best meme coins had rallies because of endorsements by Elon Musk and other celebrities. Lucky Block has partnered with several celebrities to broaden its exposure.
One of the key partnerships Lucky Block formed was with heavyweight boxing champion Dillian Whyte. The 12-month contract with the heavyweight champion enabled Lucky Block to showcase its brand to millions of viewers.
Whyte wore Lucky Block merchandise to the weigh-in of his prize fight with Tyson Fury. The brand endorsement by Whyte solidified Lucky Block’s reputation of being a legit crypto project teaming up with the best athletes.
But Whyte wasn’t the only celebrity to become part of the Lucky Block roster. This NFT competition platform went on to sign another boxing champion, Florian Marku, as well and Savannah Marshall. Another celebrity to team up with Lucky Block was Love Island’s Jamie Lewitt.
That resulted in the launch of the boxing podcast Fighting on the Inside. The podcast is available on YouTube, and Whyte and Marku have signed on to appear.
We’ve written a detailed guide on how to buy Lucky Block, but here’s a quick tutorial to help investors get started – specifically with buying LBLOCK V2.
It can be time-consuming to invest in LBLOCK V1 via decentralized exchanges. A simpler process is to use the centralized exchange LBank which today supports the V2 token.
Investors should visit LBank’s website and open an account by inputting an email address and password.
Verify the account by inputting the code sent to the email used for registration.
Investors need to own USDT to exchange for LBLOCK. On the homepage, investors can input the amount of USDT to buy and then click ‘Buy now.’
The next step is to select the preferred payment method: debit/credit card or peer-to-peer (P2P).
To enter the exchange, investors should click the Trade icon at the top, followed by Spot. Once on the exchange, investors should use the search box on the left and type ‘LBLOCK’.
When the symbol appears, click on it.
Investors need to enter the number of LBLOCK to purchase, then click ‘Buy LBLOCK’ to confirm the order.
The answer to the question lies in Lucky Block’s utility. Investors should ask themselves if this platform solves real-world problems. The answer is, yes. Lucky Block has made competition entries and prize payouts decentralized, simpler and safer – a clear use case.
Its competition platform is safe and transparent as it’s hosted on the blockchain, which prevents third parties from interfering. Lucky Block offers competition participants huge prizes.
Another bullish catalyst for Lucky Block is the public team’s constant strive to make its network and token more valuable – unlike some crypto projects the founding team are not anonymous, they self-doxxed and frequently appear on AMA (ask me anything) events and similar Q&A sessions with LBLOCK holders.
Lucky Block developed a BEP-20 token and later an ERC-20 token (V2 token), the latter of which is ideal for day trading because a sales tax isn’t applicable. The V2 token has resulted in more CEX listings, providing more exposure and increasing demand.
More exchange listings are in the pipeline and so are monthly 1% token burns. Lucky Block will receive more exposure due to additional listings, but its token burn will decrease supply. Increased demand and decreased supply are the perfect combinations for a scarce asset which is already at a low price point, potentially undervalued with a low market cap (currently $15 million).
Readers may also be interested in our Tamadoge price prediction, another low cap crypto gem with high potential upside this year.
Lucky Block’s platform has incentivized participants to enter draws by offering major prizes such as a Lamborghini and a home worth $1 million. The expansion of Lucky Block’s NFT competition has directly benefited LBLOCK investors because it’s necessary to own the coin to enter competitions.
LBLOCK has provided significant capital appreciation to investors since its presale and then even more during the ICOs. New developments are constantly added to the network, benefiting investors and competition participants. The increased utility of Lucky Block should make the coin more in demand, so investors shouldn’t sleep on this project.
Invest in Lucky Block Now
What could LBLOCK’s price be in 2025?
Our Lucky Block forecast is that the coin should have a rally and set a new all-time high (ATH), thereby surpassing its current ATH of $0.0095. It’s possible that LBLOCK could reach $0.015 – $0.02 before it retraces to $0.003 during the next crypto winter.
What price did Lucky Block start with?
During the presale, investors could buy Lucky Block for $0.00015. The second phase of the presale pushed the price up to $0.00019. Then when Lucky Block listed on major exchanges, investors could buy it for $0.0008.
What was Lucky Block’s all time high?
Lucky Block reached its highest price, $0.0095, in mid-February 2022 after rallying more than 1,100% since its ICO. The bull run started a few days after the coin’s listing on exchanges.
How do I invest in Lucky Block?
Investors can buy Lucky Block from centralized and decentralized exchanges. Some of the exchanges listing LBLOCK are PancakeSwap, LBank, MEXC, Gate.io and Uniswap. More exchange listings are expected to follow in the near future.
A quick 3min read about today's crypto news!