LBI's value would drop, by less than LEO (assuming you mean LEO dropping against HIVE) If LEO and HIVE both keep going down, so will our $$$ value, but the HIVE and LEO values won't change.

It's a little confusing, but if LEO goes down against HIVE, then our value per token measured in HIVE will go down, but in LEO it'll go up.

Does any of that make sense?