Source: Lucky Block 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 (LBLOCK) has risen by 14.5% in the past 24 hours, following the launch of the Lucky Block Casino and Sportsbook . Its current level of $0.00016860 also marks an 13% increase in the last seven days, with the launch of the new features serving to boost positive investor sentiment towards the platform and its native token.
Now that Lucky Block has incorporated an online casino and sportsbook, users can play slots, poker, live casino and table games, and also place bets on 35 sports and 15 eSports, including soccer, basketball, tennis, American football and Forumla 1. Combined with its pre-existing NFT competitions, these new offerings should help draw in new users, boosting adoption and, ultimately the price of LBLOCK. Lucky Block Launches Exciting New Crypto Casino with Slots, Poker and Live Casino – LBLOCK Price Pump Incoming?
As of writing, LBLOCK’s price of $0.00016860 leaves it 20% down in the past month. However, as its chart illustrates, its relative strength index (purple) has shot up in the past few hours, reaching nearly 70. Source: TradingView This signals some very strong momentum, and with the RSI not yet moving into ‘overbought’ territory, there’s still room for LBLOCK’s rally to continue.
As stated above, this rally has been caused mostly by Lucky Block’s announcement that it will be adding a new crypto casino and sportsbook to its platform. Both features are designed to be fair and easy to use, with Lucky Block charging no fees on deposits or withdrawals (although there may be network transaction fees when transferring funds to the Lucky Block wallet, depending on the crypto). Also, Lucky Block Sportsbook will be offering users 15% cashback on any losses made in the first seven days after registration. On top of this, the transparency of blockchain technology means that payouts will be fast and frictionless, with accounts credited as soon as transactions are confirmed on the blockchain. At launch, the Lucky Block Casino and Sportsbook […]
Click here to view original web page at cryptonews.com
