The new coin Lnfi Network (LN) was launched on Binancealpha on July 25. Let's see how to estimate the coin price and perform trading operations?

Background: Bitcoin Layer 2.5 solution, introducing Web3 and tokenization to the Lightning Network, launching LightningFi (representing Lightning Finance)
Financing: Round 1 amount unknown ≈ not exceeding $1M
Business: Total trading volume $39B Lightning Network capacity 120 TC Total number of addresses 370,297
Community: X 140K, TG 9K
Tokenomics: Total supply of 1 billion coins, VC accounts for 5.75%, community accounts for 60%
Valuation: 1) Pre-funding was announced at the end of November last year, and it was already a very cold time for this sector. The total amount of funding should not reach $1M, so based on this figure, the VC valuation is approximately $18M.
The official previously mentioned that the Lightning asset TT would be exchanged for LN, but the ratio is unknown. At that time, the price was $1.5, and if estimated at a 1:1 ratio, those who rushed to buy would also suffer significant losses.
3) Currently, the highest market cap in the Bitcoin ecosystem should be Babylon's $556M, while the latest YALA has reached a high of $400M, which is definitely going to drop. This LN's valuation can't be that high either.
Conclusion: As analyzed multiple times before, BTCfi has been debunked and no longer has market enthusiasm, and this Lnfi Network also deceived quite a few participants last year. Various business and financing data are quite average, and if it opens at $0.2, it can definitely be shorted.
Due to some information not being released, analysis cannot be conducted at this time. If there are any updates later in this article, they will be followed up in the comments section.