Lucky Block Price Prediction 2023-2030: Can Lucky Block Reach $100?
Lucky Block token Latest Price
Article Summary: Lucky Block past performance, Is Lucky block a good investment, Lucky Block Price Prediction 2023, 2025 and 2030, Will Lucky Block reach $1, Lucky Block price prediction $10, Can Lucky Block reach $100,
Lucky Block Past Performance, April 28th
- Last 7 days: +4.3%
- Last 1 month: +28.7%
- Last 6 months: -5.6%
Lucky Block Price Prediction: Is Lucky Block a Good Investment?
Lucky Block is a crypto-lottery platform operating on the Binance smart chain. According to the developers, the aim of the platform is to develop further transparency and fairness in gaming as well as take the lottery beyond the geographical boundary.
Lucky Block lottery uses its native token LBlock to facilitate the lottery on its platform. A user needs to use LBlock to purchase the lottery ticket and the winner is also paid through LBlock tokens.
Lucky Block has launched Version 2 of its token, $LBLOCK, which runs on the Ethereum blockchain and powers NFT holder rewards. The token is available for trading on major crypto exchanges.
- Lucky Block is a crypto-lottery platform operating on the Binance Smart Chain or Ethereum blockchain.
- The platform offers increased transparency and fairness in gaming, beyond geographical boundaries.
- Users need to purchase lottery tickets using LBLOCK tokens.
- LBLOCK tokens are used for payouts and as rewards tokens for NFT competitions.
- Version 2 of LBLOCK is available for trading on leading cryptocurrency exchanges.
- Lucky Block offers increased security, transparency, and resilience through the use of blockchain technology and non-fungible tokens.
The following are the primary use cases of the LBLOCK tokens:
- LBLOCK can be used as a rewards token for NFT competitions on the Lucky Block platform.
- Users can their stake their LBLOCK tokens to generate passive income.
Considering the key features and use cases, Lucky Block appears to be a moderate case for investment.
Lucky Block Price Prediction 2023, 2025 and 2030
- Lucky Block Price Prediction 2023 is $0.00018
- Lucky Block Price Prediction 2025 is $0.00030
- Lucky Block Price Prediction 2030 is $0.00090
Will Lucky Block Reach $1?
LBLOCK needs to grow by around 7,692 times of its current market value, to reach a price level of $1.
Furthermore, Lucky Block’s all-time high price is $0.009 which it achieved in February 2022. Note that LBLOCK grew by 9 times in less than one month (i.e., from the lowest value of $0.001).
Thus, considering its 9 times growth in one month, we can say that LBLOCK needs a minimum of 854 months (more than 71 years) to reach $1.
Therefore, it is not very practical for LBLOCK to reach $1 in the coming future because economic factors (such as inflation and liquidity) will also influence its price in the future.
Lucky Block Price Prediction $10?
To reach $10, Lucky Block needs to grow by around 76,923 times from its current market price.
Also, as it has shown a 9 times growth in one month (as discussed above), LBLOCK will require at least 8,546 months (more than 712 years) to reach a price level of $10.
Hence, we cannot expect LBLOCK to reach $10 in the coming future.
Can Lucky Block Reach $100?
As discussed, it is very difficult for LBLOCK to reach $10 or even $1. Therefore, $100 seems practically impossible. However, we need to analyze it mathematically.
Lucky Block must grow by nearly 769,230 times of its current market price to reach 100 dollars.
Considering its 9 times growth in one month (as discussed above), we can say that LBLOCK will need a minimum of 85,469 months (7,122 years) to reach a price level of $100.
Therefore, it is not at all practical to wait for 7,122 years. Hence, Lucky Block cannot be expected to reach $100.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.