Do entry-level pricing tiers actually hurt your main SaaS conversions?

I always thought having a cheap entry level plan was necessary to catch hesitant buyers. But after struggling with flat sales despite copy rewrites removing that budget option was what finally worked for us.

Instead of boosting signups the cheapest tier was just acting as a safety net that kept users from choosing the product version that provided real value.

Curious if other founders have experienced this did removing your cheapest option helps or hurt your overall revenue?