I see that lot's of people have misunderstood how the projects are valued so here we go:
Coin that's being priced as $0.0005 or under it doesn't mean it's cheap, just like some coin being priced over $10k or $20k doesn't mean it's "expensive", not in any way.
Because that's not enough information to define the value.
Price of of a single "full" coin doesn't mean anything by itself, because that's not how you compare it to other projects. If the project has a low supply, the price of a single coin can easily be valued higher then the project with a large circulating supply.
Coins are valued by marketcap and that's counted by (circulating_supply * price_per_coin), so when i hear XRP for being "cheap" compared to others, i cringe because it's not. With the current price of $0.187759 XRP is 2nd most expensive altcoin out there. Not "cheap". Monero for example with the current price of $54.75 is over 18 times cheaper then XRP.
So there, be free to ask something if i need to explain it further.
Edit: (11.4.2020) - Changed the topic from "Value of a coin or a token" to "Comparing the value of different projects", because the original topic seemed to cause confusion.