Lucky Block Signs Sponsorship Deal with Another Boxer as Its Foothold in the Sports Sector Strengthens

Updated:

Lucky Block (LBLOCK) has onboarded another world-class boxer to its sponsorship roster. The crypto project announced a sponsorship deal with undefeated Albanian boxer Florian Marku.

Given his popularity in the boxing and MMA industries, teaming up with the boxer is a strategic promotional endeavor by Luck Block. Thanks to some valuable real-world utility, the lottery cryptocurrency project have become one of the hottest crypto projects in 2022.

The latest signing comes a few days after Lucky Block signed a sponsorship deal with Dillan Whyte shortly before his championship fight with British boxer Tyson Fury, as the project became more active in the sporting industry for promotion. Marku’s signing places LBLOCK on track to becoming a staple name in the boxing industry.

Florian Marku, or The Albanian King as many call him, has lost only four of his 110 Mixed Martial Arts (MMA) kickboxing appearances before pivoting to boxing. The fighter quickly rose through the ranks in the welterweight boxing scene with an impressive 11-0-1 record.

With a collective social media follower count of over 700k and a rapidly-growing fan base, Marku is an ideal personality for Lucky Block to promote its booming product line.

Key Lucky Block Levels to Watch — May 1

LBLOCK extended its declines over the weekend towards the $0.0010 mark amid an industry-wide crash. The crash comes in anticipation of a 0.50% interest rate hike by the US Fed on May 4, when it would hold its FOMC meeting.

That said, analysts expect a price boom following the hike announcement on Wednesday as the bearish trigger of this development has already been priced into the market.

As such, we could see a rebound above the $0.0030 top this week, which should help the lottery token reposition itself for more bullish gains towards $0.0050 in the near term.

Meanwhile, my resistance levels are at $0.0015, $0.0020, and $0.0025, and my support levels are at $0.0010, $0.0009, and $0.0008.

Total Market Capitalization: $1.71 trillion

Lucky Block Market Capitalization: $132.5 million

 

You can purchase Lucky Block here. Buy LBlock

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.