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LBank exchange listed Lucky Block today at 18:00 UTC+8, Feb 11th.
The LBLOCK price action has been volatile, which is common when altcoins are listed at new crypto exchanges and something we speculated may occur in a previous article.
The LBLOCK price spiked to near $0.0075 on Pancakeswap in the run-up to the listing, and the LBLOCK / USDT pair on LBank then reached a high of $0.00835.
Price then corrected in a ‘sell the news’ type selloff and potentially due to a thin order book and lack of liquidity in the first few minutes of trading. One 1 min candle after trading opened has a high volume bar suggesting a market sell.
Buyers did then step in and the price has now stabilised at over $0.005 and the first daily candle on LBank is currently green.
Trade LBLOCK / USDT
Visit the LBLOCK / USDT page on LBank.info. Over $200k USDT in trading volume has taken place in the first hour of trading.
A message on the LBank trading platform reads:
‘Lucky Block envisions a worldwide lottery with players using Blockchain Protocols, operating on the Binance smart chain. We believe the lottery should not be bound geographically or tied to local financial systems. Instead, our focus is to develop further transparency and fairness in gaming, creating a lottery where every player has better win odds while providing a solid investment strategy for token holders while contributing to the community.’
The platform also links to the official LuckyBlock.com website, whitepaper and BSCScan Blockchain browser.
Update – price has now revisited the $0.0065 level on LBank, showing buyer interest. Being listed on a centralized exchange may enable LBLOCK to gain more attention and continue its bullish uptrend.
Cryptocurrency markets are highly volatile and your investments are at risk.
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