Lucky Block Price Prediction – Listing of LBLOCK on Gate.io Would Boost Price

The price of LBLOCK and LBLOCK V2 tokens is expected to increase following the listing on Gate.io of the recently launched V2. In terms of confirmed 24-hour trading volume, Gate.io is the 6th largest centralized exchange, according to data from CoinMarketCap.

The LBLOCK crypto will therefore benefit from a significant influx of liquidity thanks to this listing. The announcement of the exact date of listing on Gate.io will take place closer to the launch week.

📣Important!📣 In a big win for Lucky Block, the NFT competitions platform, we’re proud to announce that V2 $LBLOCK will list on: https://t.co/FkAb1Wvhuw – the 5th biggest #CEX in the world! 🎉 Date – week commencing 12 September 2022 – exact date will be closer to listing 🔜 https://t.co/Louv8KbIOJ

Recall that the LBLOCK cryptocurrency exists in 2 versions. The initial LBLOCK V1 was issued on the BNB Chain. While the recently launched LBLOCK V2 is an ERC20 compliant token of Ethereum.

As there are no transaction taxes related to the V1 version of the token, the V2 has been launched so that it can be listed on the centralized exchanges CEX. It is a successful operation, because LBLOCK V2 has already been listed on LBank and MEXC.

Purchases and sales taxes are not applied to LBLOCK V2 token holders. Thus the Lucky Block crypto has become suitable for short term trading and traders can benefit from the meteoric rises of the LBLOCK token during its listings on the CEX. Listing on LBank and MEC was followed by increases of 250% and 300% respectively. The planned listing on Gate.io will likely lead to a sharp rise in the price of LBLOCK.

Read also Is it too late to invest in Ethereum, the answer is no, here’s why!

More CEX quotes to come and a bridge!

While the community is waiting for the deployment of a bridge between the two tokens (between BNB Chain and Ethereum), Certik is auditing it. The bridge will allow holders to trade tokens back and forth.

V1 holders will be able to transfer the tokens to Ethereum and hold LBLOCK V2 for trading. This will significantly increase liquidity on CEX.

Also, new investors who purchased LBLOCK V2 can switch to V1 to take advantage of the rewards it offers holders.

The bridge could see the light of day in September according to Business2community which judges that this would be the best time to launch the bridge, in particular if it happens after the listing on Gate.io and potentially on other major exchanges.

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