I think this last correction was needed and many more to kill off a lot of shit coins and lame projects as well as get rid of these poor people in the game just trying to get rich.
I agree on this because community is getting too congested by shit and the least that whales can do is shaken their weak hands and see who's really have the balls. Just look at the nosedive on marketcap, seems many pull out their investment and will surely get back when the market recovers. And that's the irony. And the quick rich mentality here will soon be gone because they think they've seen the hell.
In this there is nothing terrible, but it breaks down our crypto community, many who have come to cryptory recently I think that you can earn quick money without having to figure it out in nothing, everyone wants easy money and when they do not get them they create fraud.