VIB (Viberate) and PAXG (Paxos Gold) may seem different, but their prices can affect each other due to market sentiment and economic factors. Here’s how:
PAXG: As a gold-backed stablecoin, it benefits during economic uncertainty, with price stability. Investors flock to PAXG when gold rises, causing VIB to face sell-offs due to a shift to safer assets.
VIB: When the market turns bullish, demand for high-growth altcoins like VIB increases, potentially driving its price higher while PAXG remains steady.
Prediction: In bullish markets, VIB could rise by 15-20%, while PAXG will likely remain stable. However, during market corrections, VIB might experience downward pressure while PAXG continues to offer stability.