Myth: "If it already dropped 90%, it is cheap"
A common belief among memecoin traders: "If it already dropped 90%, it is cheap." Here is why that is a false — and what to do instead.
Verdict
False
The reality
A token down 90% from its high can just as easily drop another 90%. Price is not value here — a memecoin's "price" is set by the last trade against whatever liquidity exists, and a coin that has lost its attention usually keeps bleeding.
"Cheap" implies an anchor of fair value that memecoins simply do not have. A deep drop often signals a dying or rugged coin, not a discount.
Why the myth is wrong
- −90% can be followed by another −90%.
- Price ≠ value for attention-driven assets.
- A drop on draining liquidity is a rug, not a sale.
- Lost attention rarely returns.
- The prior high tells you nothing about the floor.
The rule to follow instead
Knowing the theory is great. Catching it live is better.
Get the live contract and suggested size in Telegram for $10/week. Free name-and-score DMs are available if you want to try it first. No alert guarantees a profitable trade.
Education only — not financial advice. Memecoins are extremely high risk.
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