Seen projects which are listed on binance and okex, but the price dropped 5-6 times.
...
Buy the rumor, sell the news is often the best play in these situations.
If you know that the addition to a big exchange like Binance is likely, you
load up on an altcoin and afterwards you take profits.
Very often these new coins don´t have any catalysts that can spark a bull run
except the listing on an exchange like Binance. This is why you have seen this
pattern so often that a coin rises until the listing and then continues to lose value
as investors take profit.
Even famous coins like Litecoin followed this pattern. The LTC price surged until
LTC was listed on Coinbase and shortly after lost nearly 80 % of its value.
Obviously, the insiders made tremendous profits, because they knew when to cash out.