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").
This is completely not necessary, coins with a small price and low capitalization have a great chance to disappear at all, it's without a doubt. There is no such pattern in altcoins, you need to conduct thorough analysis by yourself; certainly that there are undervalued coins, there are new coins, but 90% of altcoins will drop even more ..