It is important to remember that the only reason the peg has been restored in the past is the same reason it is being restored today, quite simply some people that trade Nubits simply do not even know what it is.
A high percentage of those people/accounts are just bots trading random currency pairs, some bots try to get in when there are signs of sharp increases which is really why the peg always has a high likelihood of being restored.
If anyone knows a slight thing about the crypto market, it is obvious that when Bitcoin, or ETH rises so does almost everything else in the crypto market. Recently the market has been very bullish, and Nubits has been slowly loosing points, the market cap has increased so much in a short amount of time that I suspect Nubits will recover soon because Nubits is simply overdue in reflecting market appreciation.
And trust me, only a small percentage of Nubits buyers actually know what it is, it is usually just bots trading bollinger bands or some other combination of algorithms.
So I can understand you guys saying “Well confidence has been completely lost”, but really, bots do not have feelings, they just buy into the highs making impatient human traders impulse buy and thus allowing the coin to appreciate inorganically. As a disclaimer: Anything can happen so take advice with risk management.