Finding an altcoin at that rate that'll hit $1 would be difficult, that doesn't mean some of them don't pump, but it could take a very long time. Though most of them end up becoming dusts as investors take away their funds. So, it's not advisable to go after low level altcoins with no future potentials. Unless you belong to the project's community on social media and is sure of the team's effort to lift up the coin by fetching investors, then holding it for a longer moment would be preferable, and beneficial.