Elixir

Elixir is one of those crypto names that can mean almost anything until the project gives it shape. As a cryptocurrency, by our assessment, it lives in the familiar trade-off of the category: easy to move, easy to speculate on, and hard to treat as dependable money. Its main strength, if there is one, is the same strength that keeps most tokens alive at all: frictionless transfer inside a blockchain system. The downside is also the usual one, and it matters more here because the name is so generic that the coin has to do extra work to stand out. In practice, Elixir would only make sense if a user already follows the project closely; without that, it is just another token competing with hundreds of others for attention.