Crypto Nova Profile picture
Mar 24 14 tweets 5 min read
1) You've seen perp Dexes boom the entire year but you missed out.

You've seen $VELA migrate to Arbitrum and pull a 100x counting from the first announcement.

Now another project with already 300k users and only 4m mc is migrating to $ARB 🧵👇

(#airdrop opportunity at the end) Image
2) ⭐ Overview

@RoseonExchange is a multi-product DeFI app which aims to bridge the gap between CeFI and DeFI.

What differentiates Roseon from others is that it already has a working product called Roseon app and has been live for a long time.

It can be found in the app store. Image
3) The app already has:

• 300k users
• 20k daily active users
• 100+ partners

The app also features:

• A Launchpad
• An NFT Marketplace
• P2E
• Savings Vault
• Wallet
• Farms

We can basically conclude it's legit right?

Here's where it gets interesting however ↓ Image
4) Untill this day Roseon has had its native token $ROSN available to accompany its app.

In a few days however their native token will migrate to Arbitrum and be called $ROSX with the upcoming launch of their next product:

A gamified perp dex called RoseonX.
5) The main features of RoseonX are:

• Gamified farming
• Trading and predictions
• Multichain spot and Perp DEX
• Single sign-in
• Trailing Stops and automated trading
• Delegated wallet

This means there will be a total of 2 core products in the ecosystem. Image
6) ⭐ Token migration

The new token $ROSX will be the only token that covers the entire ecosystem after the migration.

The last time we saw this happen was with the token migration of $VELA and this did wonders to the demand and valuation of the new token.
7) ⭐ Token utility

The utility of $ROSX will be:

• Governance
• In-game purchase
• VIP experience Level

Although there will be an added amount of supply in the future the current market cap is only 4m.
8) ⭐ Roadmap

2023 is one of the most important years in Roseon their roadmap.

It's packed with updates and releases as you can see in the image down below. Image
9) ⭐ Team

The team is fully doxxed and can be seen and found in the image down below.

Not that there was any concern of credibility since you'll never see a working product on any scam. Image
10) ⭐ NFT holders

It might be last minute but there's actually an NFT sale going on that will make you eligible for their #airdrop and a host of other features.

It's live for another 2 hours when this thread was posted.

The minting price is very reasonable as well.
11) If you aren't interested or missed it don't worry.

You can probably still purchase the NFT on any marketplace.

Although the minting price might be more favorable today.
12) ⭐ Conclusion

Roseon expanded their product offering with yet another exciting release.

The move to Arbitrum is a smart one and the token migration is usually wel received by investors and the community.
13) Whether you are interested in using their perp dex or as an investment is up to you.

It's safe to say there's an opportunity in both of them.

Considering they've a long running product means they are commited and won't be going away anytime soon.

Nova out ❤️
14) I hope you've found this thread helpful.

Follow me @CryptoGirlNova for more.

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More from @CryptoGirlNova

Mar 24
1) Want to know which crypto project will do well but can't keep up due to the lack of time?

Here's how to analyze a crypto project in less than a minute 🧵 👇 Image
2) We all know researching cryptocurrencies can be exhausting.

Every time we end up looking at one there are 5 others showing up.

I've developed a method that always tells me there's potential in a project in the least amount of time.

It only takes 3 steps ↓
3) 1️⃣ Having a product

A well known study tells us that 95% of the crypto projects are a scam and this is actually true.

Making a website or designing a video is easy. Making a product is not.

This doesn't mean it needs to be finished.
Read 19 tweets
Mar 23
1) Gm fam.

In 2 hours the $ARB airdrop will happen.

Here's what you should do and what many people don't tell you 🧵👇
2) ⭐ Airdrop valuation

We all know the $ARB airdrop is going to be quite sizeable for most people.

A realistic forecast about the tokens price tells us it'll likely be anywhere between 1-2$.

Considering everyone got between 1k-10k tokens that's thousands of dollars.
3) ⭐ History

History tells us most #airdrops see a quick dump the first minutes of trading.

What they don't tell you is that you will likely not be one of the first.

Bots and automatic trading programs are usually responsible for selling at the first minute.
Read 13 tweets
Mar 22
1) People have been highly speculating about the valuation of the $ARB airdrop tomorrow.

Any calculations based on certain metrics however are completely pointless.

Here's why 🧵 👇
2) The markets are based on the key principle of supply and demand.

This basically means buy and sell pressure in the markets.

It's us the market participants that decide what the current valuation is.

The price per token is formed by the highest bidder.
3) I've seen "fair valuation" calculations about comparing the market cap of $OP.

I've also seen calculations based on the TVL ratio and circulating supply of both.

TVL is an indicator of future growth and potential demand in the market but its useless making comparisons.
Read 9 tweets
Mar 22
1) We all know 2023 is going to be a great year for $CHNG.

There are a host of updates planned that will transform #Chainge from already being the most liquid cross-chain dex to a whole lot more.

What updates you ask? Let's see 🧵 👇
2) For a long time @FinanceChainge has been known as one of the best solutions for cross-chain trading in the market.

While this has been the core product it's going to be much more than that.

(If you want a recap on the core product first check this out ↓)
3) The next few months #Chainge will have:

1️⃣ Chainge 2.0
2️⃣ Desktop version
3️⃣ New website
4️⃣ Hardware wallet
5️⃣ Launchpad
6️⃣ Fiat On ramp

Let's go more in depth into these new features ↓
Read 12 tweets
Mar 21
1) Is crypto decoupling from traditional markets!?

Let's take a look 🧵👇
2) For the past year we've seen the macro environment having a very strong effect on the performance of the crypto markets.

Especially bitcoin replicated the exact same moves as the stock industry as both are seen as risk-on assets.
3) Since the beginning of this year however Bitcoin has vastly outperformed US stocks for the first time in a year.

It's up 70% versus S&P 500’s 2.5% gains and Nasdaq’s 15% decline in 2023.

The six largest bank stocks have also all suffered major losses.
Read 9 tweets
Mar 20
1) Ever since Arbitrum announced their $ARB airdrop I've had a large amount of people looking up my old #airdrop posts.

Here's a list on the most valuable #airdrops that are still ongoing to qualify 🧵 👇

(all explained in less than 5 tweets)
2) We've all seen what airdrops can do in today's market.

The recent launch of $APT and upcoming release of $ARB gifted people thousands of dollars.

While there are many #airdrops, not all of them are valuable.

These 5 are the only ongoing ones that will be worth a ton ↓
Read 8 tweets

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