Pullix (PLX) could be the passive income powerhouse the likes of Polygon (MATIC) and Arbitrum (ARB) can’t compete with

There has been an untold competition between new and established DeFi coins as they all strive to retain relevance in the crypto market. Notably, tokens like Polygon (MATIC) and Arbitrum (ARB) are experiencing a price retracement which may signify as a good entry for investment. However, amidst the underlying optimism behind the price dip in Arbitrum coin and Polygon token, investors are already beginning to turn towards Pullix (PLX), a new hybrid DeFi token that requires no KYC verification. After launching on several tier-1 exchange platforms, Pullix is exhibiting potential to become a passive income powerhouse, leveraging its Revenue Share Model as a major catalyst.

Pullix (PLX): The latest DeFi exchange innovation gathering a huge user base

After launching on several top-tier exchange and aggregator platforms including Uniswap, CoinGecko, XT.com, BitMart, MEXC and CoinMarketCap, Pullix (PLX) still awaits a further listing of other platforms coming soon. This has succeeded in garnering a huge user base for Pullix and its native PLX token which currently trades within a weekly price range of $0.098 and $0.182.

Since its beta live trading platform became active for real-money deposits and trading, Pullix has been actively engaged in several initiatives to improve the platform and enhance the overall user experience. They have integrated one payment service provider (PSP) into the platform and are currently working on adding two more to expand the range of acceptable cryptocurrencies. 

Pullix is also implementing a new CRM system aimed at centralizing various applications such as webtrader and metaquotes into a unified system. This along with its hybrid DeFi and CeFi merge is poised to revolutionize the DeFi market significantly. Meanwhile, Pullix distinguishes itself from other exchanges by introducing a revenue share model that allocates a portion of the platform’s daily revenue to active members, thereby signaling it as a passive income powerhouse. 

In terms of user accessibility, Pullix is in the process of onboarding the platform to the Google and Apple App Stores, with anticipated approvals within 3 to 6 weeks. To cap it all, Pullix staking system has gone live, with nearly 25% of presale tokens already staked, most of which are predominantly locked for a duration of 180 post-launch. Given its impressive journey since launch, Pullix is already gaining a reputation as one of the best new DeFi coins.

Polygon (MATIC) price continues dips from last year

In the past one year, Polygon has been in a bearish market for more than 60% of the time. During this time, Polygon token drops below its $1.11 yearly support . At the start of the year, polygon tried to price above this support zone and succeeded. The token reached a peak of 1.25% but has slowly started a decline again.

While Polygon now holds within a weekly price range of $0.8827 and $1.00, the token has dropped by over 11% in the past week and 22% in the past month. However experts think Polygon price is only correcting as a strong rebound will likely happen.

Arbitrum (ARB) climbs down from its recent all-time high as the price corrects

Arbitrum coin saw an all-time high of $2.39% three months ago but has declined ever since. While losing by over 14% in the past week and over 33% reflects how much it has declined. Regardless, Arbitrum is holding in a weekly price range of $1.43 and $1.68, an optimal range that suggests it still holds signal market confidence.

Arbitrum is below its support thresholds for both the month and the week. However, following Bitcoin’s later rise this Q2, Arbitrum is set to break resistance zones in the coming quarters of the year. 

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