26 Sep 2022 · 2 min read

Lucky Block Juggernaut Joe Joyce Wins in the Ring and LBLOCK Price to Win With Burn

Lucky Block Burn (instagram.com/luckyblockcoin)

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Heavyweight juggernaut Joe Joyce has recently brought home the win for Lucky Block (LBLOCK) after defeating Joseph Parker in an epic bout spanning 11 rounds. 

While this has been a major win for Joyce, with the launch of the LBLOCK burn program nearing ever-closer, Lucky Block is also winning outside of the ring. 

Joyce vs Parker

With Joe Joyce acting as a Lucky Block brand ambassador, his Saturday evening win was huge for both the heavyweight fighter and the world's number one NFT competitions platform. 

Thanks to his win, Joyce cemented his status as a force to be reckoned with in boxing, even calling out titans of the sport Oleksandr Usyk and Tyson Fury. A match that sees Joyce go against either of these legendary opponents could be huge for the fighter and help to propel him to the forefront of the sport. 

How Lucky Block is Winning

In addition to being a massive win for Joyce, the recent bout has also been excellent for Lucky Block. Boxing shares a target demographic with both cryptocurrency and competition platforms; young, tech affluent males. As such this fight severed as phenomenal promotion for the cryptocurrency, helping to get it in front of a highly targeted audience consisting of tens of thousands of people.

lblock bridge
Lucky Block Bridge (instagram.com/luckyblockcoin)

Although the fight has already helped boost awareness of Lucky Block, the project has more tricks up its sleeve. On September 30th the Lucky Block burn program will begin. This means that each month, a huge 1% of the Lucky Block supply will be wiped out of the market, greatly increasing the scarcity of LBLOCK tokens. 

As a continuous measure, this will help to bolster the price of LBLOCK over the long term. This incremental reduction of token supply should lead to incremental price increases. Combine this with increased hype resulting from tactical sponsorships and the Lucky Block platform growing in prominence, and LBLOCK could be one of this year's best cryptos to buy

Furthermore, on October 3rd the bridge allowing users to swap their BEP-based LBLOCK V1 tokens for the ERC-based V2 tokens will be released. This will help to stimulate the Lucky Block economy in a big way by incentivizing users to begin trading their LBLOCK much more. 

All in all, Lucky Block is one crypto worth looking out for this year. The team is constantly working to improve the project and with its promotional activities and exchange listings ramping up significantly, we could see some huge gains for LBLOCK over the coming months. Check out the project today to see what all the fuss is about. 

Visit Lucky Block

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