I always thought that initial coin price is not important, because there is no difference between buying 1000 coins at $0.001 or 0.001 coin at $1000. Buy most of my friends who are newbie in crypto prefer buying low cost coins ("BTC is already $15000 but Rillple is still cheap").
Maybe that means that new people coming to crypto would prefer new altcoins (especially altcoins with lower price and more total supply) rather then BTC, ETH and other > 1000$ coins?
Also with cheaper coins it's simply easier to calculate whey purchasing something with crypto. I'm sure everyone is using calculators while trading on BTC/* pairs))
I think that coins with a lower price are easier to grow than more expensive coins. For example: trx, ada, verge, ripple, xem. But sometimes price is not the main factor of pumping. Look on ltc, dash, zec, eth, btc. All this coins have big prices but grew more. In such cases, you need to buy different coins for risk reduction and big profits Also Check team and product of each assets.