Not really a 98% correction. Should be seen from price paid for ICO tokens (just under a dollar per PAY at the time and with current ETH prices lower more like 70 cents per PAY). So really there was no drop at all from the perspective of ICO buyers and even a slight gain at current price of 86 cents considering the alternative of holding ETH and having it drop. This post is a misinterpretation of CMC data IMO.