I think it dipped because of the flag war, mainly to do with azirconnn, the main guy that got blocked from POB. He was probably indirectly forced to sell, I haven't checked the blockchain to verify though, but that is my hunch. When I got blocked on LEO the currency became worthless to me, and I sold too.
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They blocked you on Leo?
Yeah, but it was way back in steemit days. I used to run my own bots that made like a million posts a day, I was abusing the system. I stopped, however the block carried over to hive after the hard fork. At one point @themarkymark got me unmuted, but I relapsed and lost it again! Thanks for asking.