There are actually thousands of coin whose price is under $1, price doesn't matter in crypto if there is huge supply of coin than its price will never get too high for example doge. It is quite old coin but still struggling to get over 1 cent.
Same goes for many other coins and tokens which are high in supply but demand for them is really low.
I agree with you. The proble with price under $1 or upper but the problem is the supply.
Choose the low price with low supply will have more chance to double.