Whether this is temporary it depends a lot on us... and the marketing of HIVE. Without marketing we're almost invisible, and no matter how good the blockchain is and great the apps are, there's no one around to buy it, I mean the token. We're somehow a closed community and not too many new investors turn their heads towards us. We don't want adds, we don't pay for advertising, we don't make things simpler etc etc It's simple math, when the selling pressure is higher than the buying one price is going to fall. Attracting new investors means we have to fundamentally change something. LEO seems promising though and the team seems to be knowing what its doing. They've made things simple, connected the wallets with metamask, exchanging assets is also at hand and so on. With some more marketing LEO will get tp $1 in no time.
RE: Is HF24 the reason for the downtrend of Hive?