Depeg describes the event where a stablecoin’s market price drifts meaningfully away from its $1.00 reference. MarketMoodIQ watches for it from two angles: the price side, via Peg Deviation, and the social side, via a dedicated depeg-mentions count.
How it’s built
For each tracked stablecoin, we run a keyword search for "<symbol> depeg" and count how
many posts match. That count feeds two places: it contributes to an abnormality score (crossing 10 mentions
adds weight, crossing 50 adds more), and it directly reduces the Confidence Score on a
log scale — a jump from 1 to 10 mentions moves the score more than a jump from 100 to 1,000.
How to read it
Depeg mentions rising alongside Peg Deviation is the clearest warning sign — the crowd and the price are telling the same story. Depeg chatter rising without a matching move in Peg Deviation is often speculation or a false alarm; a live feed event fires when Confidence Score drops, so both can appear even before the price has actually moved.
Common misreadings
A high depeg-mention count doesn’t always mean the peg is actually breaking — the keyword search counts any post mentioning the symbol and the word "depeg," which includes people asking whether a depeg is happening, debunking rumors, or discussing a different stablecoin’s depeg entirely. Always check the actual Peg Deviation number before treating mention volume alone as confirmation.