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WHO IS BUYING Nitrocartel ON Camelot?

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WHO IS BUYING Nitrocartel ON Camelot?

Know who u r investing with or against!

2lambroz.eth
Feb 18, 2023
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WHO IS BUYING Nitrocartel ON Camelotdex?

Know who u r investing with or against!

📍In the post you will know

🔹How to read our dune board

🔹how & how much is invested in $trove

🔹My thoughts & Speculation

1st collab post with @AwuAle on @DuneAnalytic

📍Welcome to our dune board

Step1 like and follow my bro @awuale brilliant option trader & dev

Here’s a quick recap n my thoughts on $trove before they were raising

Twitter avatar for @2lambro
2Lambroz.eth 🐑 Crypto Nerd 🤓2lambroz.lens🌿 @2lambro
#37 @CamelotDEX ’s latest launch @nitrocartel $TROVE coming on 17-20th Feb + my🐑 thoughts on it 📍In this thread 1) What is $Trove 2) Launch & public sale detail 3) ⭐ What lambro is thinking $GRAIL #arbitrum
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12:49 AM ∙ Feb 14, 2023
60Likes12Retweets
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📍Dashboard tutorial

Going into first page of the dash board you can see

🔹Total address deposited = Number of wallet that invested into camelot

As there are no investment cap per wallet i’d imagine its will be mostly 1 wallet 1 user

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🔹Total ETH deposit = the amount raise, i will reference camelot’s site for its on-going circ. Marketcap & FDV

https://app.camelot.exchange/launchpad/arbitrove

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Moving on to the next sector you can see

🔹Total amount of ETH that are invested per wallet size

E.g. there are 1107.5eth raised for wallets that invested 1 - 5eth, being 27% of the total ETH invested

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🔹Number of Wallets invested in the range

E.g. There are 4122 wallets that are invested 0-0.1 ETH, being 57.4% of the total number of wallet invested

This gives you a brief idea of what sizes of investors are what % of the total amount investors (who u are trading against)

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The last sector is mainly to make it easy for you to track different wallets who invested & number of times they deposit.

📍Summary, thoughts & Speculation

Congrats on @nitrocartel’s team on the big raise. I have to say i got dickslapped on my first tweet thinking they might be overpriced, arbitrum proved me wrong lol.

I dug a little deeper on a few wallets that invested a large amount, there are a mix of new wallets and a few arbitrum whale bulls.

The users that took part in this auction are well spread as u can see, a wide range of mini to micro investors with 0-5eth investors contributing over 50% of the eth invested & 83% number of wallets being 0-0.5eth investors.

With these type of auctions most secondary purchase power are exhausted (by design).

However its rare that 100% of these tokens are not vested, personally i think its a dangerous play where it doesnt give time for the team to deliver products/news to support it’s 30m+ valuation.

As mentioned before I have nothing against the team, they have done a good job in BD & marketing and I look forward to using ALP as collateral.

It is just that i worry with most crypto investor’s expectation of moon asap the team will be setup to handle lots of fud with retail users buying at a high valuation and rushing to sell before each other.

Key things i keep an eye on

  • When and how will the team launch their 60million torve for protocol-own liquidity

  • with such a larger amount than expected raise? How will they spend it?

  • even tho the money raise is not for ALP, with that much money raised will they issue more incentive to push TVL of ALP to support $trove price? If so does that meant the might be a chance to buy ALP composition before they do? ( *cap size consider please, highly speculative)

Not gonna lie, I’m happy for the team & arbitrum but really worry if they price dump a lot it will hurt a lot of arbitrum bulls n hurt the momentum of the $grail and camelot.

If you read till here give me a comment to push substack algo and Comment "🐑 " + ur icon if u like!

here is the dune link

https://dune.com/aleawu/camelot-arbitrove-fair-auction

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2lambroz.eth
Feb 18Author

Back to the future macfly?

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Rolipony
Feb 23Liked by 2lambroz.eth

And....it was a scam. Devs just kept selling and dumping and have no product to deliver. Camelot facilitates this rubbish and Arbitrum makes it economical. What a dumpster fire, I won't be getting involved with Camelot again.

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