Projects that fell 100% should be considered dead 💀 it means all investors sold and left the project and it has no volume available anymore, the lowest I've seen till now is around 98% max, top altcoins are safer than low market cap coins, be very careful investing in such project.
This isnt a good justification I think. How come other projects like shiba that fells on this leve somehow survive and even do an unrealistic ATH after that. You are right, a shitcoin who loss like that are probably dead but depends if its worth a shot or another chance to provem them wrong.