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Traders Discuss Elixir (ELX) Valuation vs Performance
11/28/2025, 13:06
AI SUMMARY
●Traders question ELX performance relative to $800M valuation
●Arthur Hayes noted as an investor in the high-valuation round
●Market sentiment reflects concern over VC-backed valuation gaps
Traders are discussing the post-launch performance of Elixir (ELX), noting a significant discrepancy between its price action and its private market valuation. Discussions highlight that the project raised capital at an $800 million valuation, backed by prominent investors such as Arthur Hayes.
Despite the high-profile backing, market participants have expressed skepticism regarding the token's current performance, pointing to the gap between the high valuation and circulating market metrics.
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Traders Discuss Elixir (ELX) Valuation vs Performance | CB Terminal