LBLOCK spikes 40% after launch of new Lucky Block Casino and Sportsbook
Subscribe to Weekly HighlightsThe major market events for the week ahead right in your inbox. Subscribe
Lucky Block Coin’s native token LBLOCK V2 spiked briefly by more than 40% on 30 November after an announcement made by the firm of a new betting venture.
Lucky Block Coin announced via Twitter that it would foray into sports betting with the launch of its own crypto casino as a way to excite its users and community. The announcement comes when sports fan tokens are at a high thanks to the 2022 FIFA World Cup.
???? Our new platform also supports nine cryptocurrencies, including Bitcoin, Ethereum, Tether, Litecoin, and Dogecoin. Join now! - In less than 30 seconds by simply entering your email address and password, fund your wallet, and you're all set.— Lucky Block (@luckyblockcoin) November 29, 2022
“Today, we are pleased to announce the debut of Lucky Block Casino and Sportsbook,” Lucky Block wrote on Twitter. “Our new full-featured service includes all of your favourite gambling games, including slots, poker, live casino, table games and many more.”
The service will accept nine cryptocurrencies including Bitcoin, Ethereum and Dogecoin.
BTC to USD
LBlock V2 price surges
At the time of writing, the price of LBlock V2 was changing hands at $0.00027, up 64% in the previous 24 hours. The price broke past its resistence level of $0.00015 after the announcement and spiked to $0.00033 before settling back.
The platform has gathered significant mainstream interest from users after it announced its Sportbooks betting platform will provide a diverse selection of sports such as football, basketball, boxing and Formula 1.
It said: “The Lucky Block team is dedicated to bringing value to our community & investors, and by tapping into online betting, a booming industry valued at $58 billion; we hope to solidify LuckyBlock as a household name.”