NuBits lost its $1 peg a couple of weeks ago and since then I have been "Parking" my Nubits and earnings NuBits. The reward was generous and it was to encourage HODLing. Well huge volumes came in and started buying NuBits up.
It got clear down to $0.35 and now it is really surging. I don't know if it can make it back to $1 or not and if it does I'm not sure if it can stay there if they don't have enough money in the liquidity operations to keep it there. The NuShares volumes are super low which is odd in some ways but more people probably want to buy them at this point and Stake them for more. The park rates have been generous and hopefully everything does recover back to $1 and it continues on. In the meantime this could be an opportunity to buy something that is configured to be at $1 for less potentially but again it could tank way down again. It is hard telling.
