According to Milk Road (@MilkRoadDaily), recent price surges in memecoins have led to short-term 3x gains, yet many holders remain down over 90% from all-time highs. This highlights the extreme volatility and risk in memecoin trading. For crypto traders, it reinforces the importance of monitoring both the percentage increase and the original drawdown, as rapid rebounds can be misleading if the asset is still far below peak levels (source: Milk Road Twitter, May 11, 2025).