I think there are a few coins out there that are due for a correction, as the valuation has exceeded what could be considered as a reasonable value even if the wildest expectations were confirmed. I think one of them IOTA... any other?
I think every altcoin or token that have spike in the chart will get a correction
this is just natural to balance between supply and demand
and also take profit from earlier investor
that's why I always watch carefully when there is high spike in price
sell it off and then buy again in reasonable price... but it's difficult btw