I'm not 100% sure if this is also called the Butterfly Effect, but I believe it is. My bottle doesn't say it, so I won't say it with certainty.
CE 52 is a purple jelly polish that is full of flakies that change from red to gold to green. I had absolutely no issues with the formula and I had full coverage within 3 coats. I've seen that this is a dupe for Nfu Oh 51 and while I don't have it to compare, I believe it is from my online searches.
Has anyone tried the other Ceramic Effect polishes? They look really interesting! I may pick up a few if I see them on sale.