The meme coin market saw a sharp correction on November 15, but its market cap is still close to $120 billion. Although they have brought huge profits, their high speculative nature makes them dangerous for inexperienced investors.

- The crypto market has been struggling in the past 24 hours: Bitcoin fell below $88,000, Ethereum dropped to around $3,000, Solana fell 4%.

- Meme coins were hit harder: Dogecoin fell 8%, Shiba Inu fell 9%.

Some tokens like Pepe and Peanut the Squirrel dropped sharply by double digits.

However, there are still meme coins that have grown: CAT (+10%), BRETT (+13%), SPX (+17%), DEGEN (+26%).

Meme coins stand out for their rapid price increases and Internet culture, but are also prone to sharp corrections. Users should do their research before investing. 🚀