New investors tend to be very price focused so when they see each coin is already $100 they might be hesitant to invest. Many of them have no concept of total market cap and will buy IOTA with a super high marketcap because the coins themselves are super cheap. If it wasn't for that I might back this one and buy $10K to $20K worth but human psychology plays against it because of the stigma of each coin being worth $100. I know, BTC and LTC are at higher prices, but they are BTC and LTC. Nice coin otherwise. Looks suspiciously familiar.

I would suggest doing a 10 for 1 coin split, if possible, and giving all owners 10 coins for every one they hold and increasing the total supply by a factor of 10. You could even go 50 for 1 and be perfectly fine. How many altcoins have been able to make big gains with low coins supplies and high prices? The number is not high.
Where I work people won't buy into the company stock because they say the "price is too high" and they want the company to split the stock first. When I tell them that it doesn't matter what the price is, if they split the stock the number of total shares doubles anyways, their eyes seem to gloss over. Given the amount of "dumb money" investing in cryptos, you have to look at shit like this.
I would have thought that to be a bad strategy. And please feel free to correct me if I'm wrong but essentially, that's printing money and kind of against the ethos of a coin that's released.
Printing money, because you can, tends to make the money worthless. I appreciate what you're say by doubling the wallets of current holders to mitigate that effect somewhat. However to a lot of people, who don't understand, if a coin has gone from $100 to $50 overnight, would you invest in it?
I do hear where you're coming from but it only really benefits holders and probably scares potential investors?
Just my thoughts, and I'm always up for being educated and like learning more. I'm no economist