Lucky Block Price Forecast Bullish on Gate.io Listing News

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Security-focused cryptocurrency exchange Gate.io has confirmed talks of adding Lucky Block (LBLOCK) to its fleet of listings in September.

Lucky Block recently announced the completion of its V2 upgrade, adding that the new ERC-20 token requires no transaction tax, which has made it more attractive for exchange listings. On August 1, LBLOCK V2 got listed on MEXC, its second centralized exchange listing after LBANK.

Gate.io will be LBLOCK’s third CEX listing in 2022. According to CoinMarketCap, Gate.io is the fifth largest crypto exchange based on trading volume, making it Lucky Block’s biggest listing so far. Also, Gate.io is famous for its security consciousness, which bodes well for the LBLOCK listing as it suggests the project is trusted and secure.

Lucky Block To $0.01?

Following its listing on LBANK — its first CEX listing — in February 2022, LBLOCK recorded a massive rally, peaking at just under one cent. This listing came shortly after its IDO on PancakeSwap in January.

Lucky Block was later listed on MEXC after its V2 upgrade, which triggered a price rally for the cryptocurrency to almost $0.005.

With the upcoming listing on Gate.io, many traders believe that LBLOCK could be gearing up for another spectacular price performance and possibly break out of the $0.01 mark. From the current price of $0.0022, a rally to the $0.01 mark would be a +340% price move.

Meanwhile, LBLOCK V2 recently gained listing on giant decentralized exchange Uniswap earlier in August.

One thing for sure is that the Lucky Block team is not resting on its oars and is on an aggressive growth campaign.

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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.